Alexander KarpAlexander Karp earned $1B in 2024

In 2018, Stephen D. Milligan earned $12.87M in total compensation at Western Digital, including $1.25M salary and $11.60M in stock. Most recently sold 11,785 shares in Jan 2020. Currently holds stock worth $65.38M. Led Western Digital as CEO for 7 years.

Compensation History

Annual executive compensation data for Stephen D. Milligan, including salary, bonuses, and stock awards.

Year

2018

Total Compensation

$12.87M

Salary

$1.25M

Bonus

$0.00

Other

$15.29K

Salary

$1.25M

Board Justification

The compensation philosophy is based on aligning executive compensation with performance metrics that drive long-term value creation for stockholders.

Bonus

$0.00

Board Justification

No short-term incentive payout due to performance metrics not being met in fiscal 2019.

Other Compensation

$15.29K

Board Justification

Includes 401(k) matching contributions and other benefits.

Restricted Stock

$11.60M11.6M RSU

Board Justification

Value of stock awards that vested in fiscal 2019, including performance-based and time-based equity awards.

Performance Metrics

Non-GAAP net income and relative total stockholder return metrics were used to determine performance-based compensation.

W

Stephen D. Milligan

Ex-CEO of Western Digital

Education

Bachelor of Science in Accounting from The Ohio State University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Technology

Born

February 1, 1963 - 62 years ago

CEO of Western Digital for

7 years 11 months (Jan 2013 - Jan 2021)

Previous Experience

President and CEO of HGST; served in various financial and executive roles at Western Digital and HGST.

Holdings

Track Stephen D. Milligan's stock holdings and portfolio value over time.

Total Stock Sold

$54.76M

WDC

$54.76M

629,650 WDC shares

What if they kept their stock?

If Stephen D. Milligan didn't sell their stock, today they would have:
Extra WDC629,650 shares worth $106.34M.
This is 94.19% and $51.58M more than what they got when they sold the stock.

Insider Trading

Stephen D. Milligan's recent stock transactions, purchases, and sales filed with the SEC.

WDC

$804.39K

WDC at $68.26/share

Jan 7, 2020

Sale

WDC

146,604 shares

WDC

Sep 4, 2019

Received

WDC

75,853 shares

WDC

Aug 30, 2018

Received

WDC

248,124 shares

WDC

Jul 25, 2018

Received

WDC

$1.34M

WDC at $80.94/share

May 14, 2018

Sale

WDC

$5.31M

WDC at $99.74/share

Mar 9, 2018

Sale

WDC

$2.19M

WDC at $94.49/share

Mar 7, 2018

Sale

WDC

$1.39M

WDC at $83.91/share

Feb 5, 2018

Sale

WDC

$8.04M

WDC at $88.59/share

Jan 29, 2018

Sale

WDC

55,445 shares

WDC

Aug 2, 2017

Received

Rivals

Compare Stephen D. Milligan with competitor CEOs and industry peers.