Micron Technology, Inc. CEO Sanjary Mehrotra Salary & Net Worth

Who Is Sanjay Mehrotra?

Sanjay Mehrotra is the current CEO of Micron Technology, which is a U.S.-based producer of both computer memory and computer data storage. He has been involved in this part of the tech industry for multiple decades. After all, Mehrotra was one of the co-founders of SanDisk in 1988, with the result that he went on to hold a number of senior management positions at the company. In fact, he was both the President and the CEO when SanDisk was bought by Western Digital in a $19 billion deal, so it seems safe to say that he has managed to make quite a fortune for himself.

What Is Sanjay Mehrotra's Salary?

Mehrotra received a total compensation of $19,995,488 in 2020. This was a notable increase from his total compensation of $16,944,751 in 2019, which in turn, was a notable increase from his total compensation of $14,241,583 in 2018.

Moving on, most of Mehrotra's compensation in 2020 came in the form of equity-based compensation rather than cash-based compensation. For comparison, he received a total of $14,999,989 in stock awards. Meanwhile, his base salary was $1,369,039 while his bonus plus his other non-equity incentives were $3,591,001. Besides these, Mehrotra received $35,459 in other forms of compensation as well, though this number is minor compared to the rest.

This pattern held true in both 2019 and 2018. In 2019, Mehrotra received $4,926,154 in cash-based compensation and $11,999,963 in equity-based compensation while $18,634 in other forms of compensation made up the remainder. Similarly in 2018, he received $4,200,000 in cash-based compensation and $9,999,953 in equity-based compensation while $41,630 in other forms of compensation made up the remainder. Curiously, Mehrotra received no option awards in either 2020 or 2019. However, $2,500,001 of his $9,999,953 in equity-based compensation in 2018 consisted of option awards.

What Is Sanjay Mehrotra's Net Worth?

It is not known what Mehrotra's net worth might be. There is one estimate that he had at least $71.6 million in October of 2020, which was based on his ownership of Micron Technology stocks as well as his compensation in a single year. However, it seems reasonable to speculate that Mehrotra's net worth is quite some distance from the floor of that estimate. After all, he was both the President and the CEO of SanDisk when the company was sold for $19 billion. Thanks to that, it stands to reason that Mehrotra did well out of that deal.

What Do We Know about Sanjay Mehrotra's Personal Life?

A fair amount of information is known about Mehrotra's personal life. For starters, he was born in the Indian state of Uttar Pradesh. Later, he transferred to the University of California, Berkeley, with the result that he went on to work in the Silicon Valley. He is married to a woman named Sangeeta, with whom he has two daughters. Both of Mehrotra's daughters are engineers, which is perhaps unsurprising when one learns that he started out as an engineer, his brother is an engineer, and both of his sisters are engineers. Family is important to him, though he has acknowledged that he is one of those people whose work consumes them.