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Tech — Hardware

Micron Technology Executive Compensation (FY25)

MU · Boise, ID · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): January 21, 2026
336 figures on this page: 327 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Sanjay Mehrotra, Chairman, President and Chief Executive Officer, received $30,940,146 in total compensation for fiscal 2025, and Mehrotra's total was 2.9% higher than the $30,060,126 reported for fiscal 2024. The say-on-pay proposal drew 94.8% of votes cast including abstentions in favor at the meeting held January 15, 2026 for fiscal 2025. Companies named in the disclosed peer group include Adobe Inc., Advanced Micro Devices, Inc., Analog Devices, Inc., Applied Materials, Inc. and Broadcom, Inc., among others. The company reported 5 named executive officers for fiscal 2025.
Chief executive, fiscal 2025
◇
Sanjay Mehrotra
Latest say-on-pay support
=
January 15, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sanjay Mehrotra: $30,060,126 → $30,940,146 (2.9% higher)
Say-on-pay support: 84.0% → 94.8% (10.8 points higher)
CEO pay ratio: 469:1 → 529:1 (12.8% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Micron Technology's chief executive and what were they paid?
Sanjay Mehrotra, Chairman, President and Chief Executive Officer, received $30,940,146 in total compensation for fiscal 2025. Mehrotra's total was 2.9% higher than the $30,060,126 reported for fiscal 2024.
What was Micron Technology's say-on-pay result?
The say-on-pay proposal drew 94.8% of votes cast including abstentions in favor at the meeting held January 15, 2026 for fiscal 2025.
Which companies are in Micron Technology's peer group?
Companies named in the disclosed peer group include Adobe Inc., Advanced Micro Devices, Inc., Analog Devices, Inc., Applied Materials, Inc. and Broadcom, Inc., among others.
What is Micron Technology's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 529:1, against median employee compensation of $58,461.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sanjay Mehrotra
President and Chief Executive Officer
◇—◇—◇—◇◇
Manish Bhatia
Executive Vice President, Global Operations
◇—◇—◇—◇◇
Mark Murphy
Executive Vice President and Chief Financial Officer
◇◇◇—◇—◇◇
Sumit Sadana
Executive Vice President and Chief Business Officer
◇—◇—◇—◇◇
Scott DeBoer
Executive Vice President, Technology and Products
◇—◇—◇—◇◇
David Zinsner
Former Executive Vice President Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Michael Bokan
Senior Vice President, Worldwide Sales
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sanjay Mehrotra
President and Chief Executive Officer
◇—◇———◇◇
Sumit Sadana
Executive Vice President and Chief Business Officer
◇—◇———◇◇
Manish Bhatia
Executive Vice President, Global Operations
◇—◇———◇◇
Mark Murphy
Executive Vice President and Chief Financial Officer
◇—◇———◇◇
Scott DeBoer
Executive Vice President, Chief Technology and Products Officer
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sanjay Mehrotra
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Sumit Sadana
Executive Vice President and Chief Business Officer
◇—◇—◇—◇◇
Manish Bhatia
Executive Vice President, Global Operations
◇—◇—◇—◇◇
Mark Murphy
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Scott DeBoer
Executive Vice President, Chief Technology and Products Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sanjay Mehrotra
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Sumit Sadana
Executive Vice President and Chief Business Officer
◇—◇—◇—◇◇
Manish Bhatia
Executive Vice President, Global Operations
◇—◇—◇—◇◇
Mark Murphy
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Scott DeBoer
Executive Vice President, Chief Technology and Products Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Manish BhatiaRSU◇——◇——◇
Manish BhatiaPSU◇◇◇◇◇—◇
Mark MurphyPSU◇◇◇◇◇—◇
Mark MurphyRSU◇——◇——◇
Sanjay MehrotraRSU◇——◇——◇
Sanjay MehrotraPSU◇◇◇◇◇—◇
Scott DeBoerPSU◇◇◇◇◇—◇
Scott DeBoerRSU◇——◇——◇
Sumit SadanaRSU◇——◇——◇
Sumit SadanaPSU◇◇◇◇◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Mark MurphyRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Sumit SadanaRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Manish BhatiaPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Scott DeBoerPSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Sanjay MehrotraRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Mary Pat McCarthy
◇◇————◇
Lynn A. Dugle
Lead independent director
◇◇————◇
Richard M. Beyer
◇◇————◇
Steven J. Gomo
◇◇————◇
MaryAnn Wright
◇◇————◇
Linnie M. Haynesworth
◇◇————◇
Robert H. Swan
◇◇————◇
Robert E. Switz
◇◇————◇
A. Christine Simons
◇◇————◇
T. Mark Liu
◇◇————◇
Sanjay Mehrotra served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Restricted Stock (or deferred RSUs by election).
Stock ownership guideline: 5x annual cash retainer ($625,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Adobe Inc. ADBE
  • Advanced Micro Devices, Inc. AMD
  • Analog Devices, Inc. ADI
  • Applied Materials, Inc. AMAT
  • Broadcom, Inc. AVGO
  • Cisco Systems, Inc. CSCO
  • Hewlett Packard Enterprise Company HPE
  • IBM Corporation IBM
  • Intel Corporation INTC
  • Lam Research Corporation LRCX
  • NVIDIA Corporation NVDA
  • QUALCOMM Corporation QCOM
  • Salesforce.com, Inc. CRM
  • Seagate Technology STX
  • Texas Instruments, Inc. TXN
  • Western Digital Corporation WDC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025January 15, 2026=◇◇◇
2024January 16, 2025=◇◇◇
2023January 18, 2024=◇◇◇
2022January 12, 2023=◇◇◇
2021January 13, 2022=◇◇◇
2020January 14, 2021=◇◇◇
2019January 16, 2020=◇◇◇
2018January 17, 2019=◇◇◇
2017January 17, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Micron Technology disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Micron Technology sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
336 figures on this page: 327 cited to the filing that reported them, 9 calculated from figures it prints.
327 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001104659-26-005366
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000723125-25-000038
    Director Compensation · FISCAL 2025 DIRECTOR COMPENSATION · FISCAL 2025 SUMMARY COMPENSATION TABLE · Grants of Plan-Based Awards · and 1 more section
  3. 0001104659-25-004879
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000723125-24-000039
    Summary Compensation Table
  5. 0001104659-24-005219
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000723125-23-000065
    Summary Compensation Table
  7. 0000723125-23-000007
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000723125-22-000063
    FISCAL 2022 SUMMARY COMPENSATION TABLE
  9. 0000723125-22-000008
  10. 0000723125-21-000015
  11. 0000723125-20-000007
  12. 0000723125-19-000005
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000723125-18-000010
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Velarion, “Micron Technology executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MU (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Micron Technology discloses

The companies named in MU's own disclosed peer group.

Adobe Inc.Advanced Micro Devices, Inc.Analog Devices, Inc.Applied Materials, Inc.Broadcom, Inc.Cisco Systems, Inc.IBM CorporationIntel CorporationLam Research CorporationNVIDIA CorporationQUALCOMM CorporationSalesforce.com, Inc.Seagate TechnologyTexas Instruments, Inc.Western Digital Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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