Sundar PichaiSundar Pichai earned $164M in 2023

D. Mark Durcan is known for his time as the CEO of Micron Technology, Inc., where he served until May 2017. Under his leadership, the company focused on performance-based incentives to align executive interests with those of shareholders. In 2016,...

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D. Mark Durcan

Ex-CEO of Micron Technology

Sector of Economy

Technology

CEO of Micron Technology for

Until May 2017

Previous Experience

Unknown

Holdings

See how much did D. Mark Durcan make over time.

D. Mark Durcan's insider trading history reflects significant fluctuations in wealth, particularly from 2019 to 2024. The peak value of his holdings reached around $321 million in May 2024, indicating healthy growth during a booming phase for Micron. Notably, his...

Total Stock Sold

$10.19M

MU

$10.19M

401,803 MU shares

What if they kept their stock?

If D. Mark Durcan didn't sell their stock, today they would have:
Extra MU401,803 shares worth $18.54M.
This is 81.89% and $8.35M more than what they got when they sold the stock.

Charitable Transactions

MU

62,500 shares

MU

Recent Charitable Transactions

MU

30,000 shares

MU

Dec 31, 2014

Charity

MU

7,500 shares

MU

Feb 18, 2014

Charity

MU

25,000 shares

MU

Aug 30, 2012

Charity

Insider Trading

See recent insider trades of D. Mark Durcan.

COR

986 shares

COR

Mar 6, 2025

Received

COR

$109.29K

COR at $218.58/share

May 24, 2024

Purchase

COR

2,646 shares

COR

Mar 11, 2024

Received

MU

206,778 shares

MU

Oct 19, 2016

Received

MU

$23.95K

MU at $13.28/share

Jul 18, 2016

Sale

MU

123,762 shares

MU

Oct 14, 2015

Received

MU

30,000 shares

MU

Dec 31, 2014

Charity

MU

125,200 shares

MU

Oct 20, 2014

Received

MU

17,200 shares

MU

Jun 12, 2014

Received

MU

$5.68M

MU at $28.42/share

Jun 2, 2014

Sale

Compensation History

See how much did D. Mark Durcan make over time.

In 2017, D. Mark Durcan's total compensation as CEO was approximately $4.29 million, which included a $1.05 million base salary. A large part of his earnings came from his bonus, which was pegged at $3 million, highlighting how performance metrics influenced his pay. This strong performance-based incentive structure was a hallmark of his compensation philosophy, which aimed to motivate key executives and align their goals with those of stakeholders. His compensation was significantly high compared to previous years, such as 2016, where he earned about $5.6 million total, mainly from vested stocks. Interestingly, Durcan requested a temporary cut in his salary in 2015 to support cost-saving efforts during challenging times, showing a focus on the company’s health over personal gain.

Year

2017

Total Compensation

$4.34M

Salary

$1.05M

Board Justification

The compensation philosophy aims to attract, motivate, and retain executives by aligning their interests with those of shareholders through performance-based incentives.

Bonus

$3.00M

Board Justification

Mr. Durcan's short-term incentive target remained at 150% of his base salary for fiscal 2017, with a maximum award limit imposed by the EIP.

Other

$294.52K

Board Justification

Includes matching contributions paid by the company pursuant to the 401(k) plan and other accrued benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2017 as the focus is on cash compensation and performance-based awards.

Performance Metrics

The performance metrics for determining Mr. Durcan's compensation included achieving targeted levels of net income and technology milestones.