In 2017, Stephen J. Luczo earned $1.25M in total compensation at Seagate Technology Holdings PLC, primarily from $1.25M salary. Most recently acquired 62,500 shares in Nov 2023. Currently holds stock worth $363.81M. Has donated $594.78M in stock to charitable causes. Led Seagate Technology Holdings PLC as CEO for 8 years.
Compensation History
Annual executive compensation data for Stephen J. Luczo, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$1.25M
Salary
$1.25M
Bonus
$0.00
Other
$8.58K
Salary
$1.25MBoard Justification
The goals of our executive compensation programs are to: • attract and retain talented leaders through competitive pay programs; • motivate executive officers to achieve and exceed business objectives as approved by the Board or Compensation Committee; • align executive officer and shareholder interests to optimize long-term shareholder return with acceptable risk; and • manage total compensation costs in support of our financial performance.
Bonus
$0.00Board Justification
Not Applicable
Other Compensation
$8.58KBoard Justification
Other compensation includes 401k match and other benefits.
Restricted Stock
Board Justification
Not Applicable
Performance Metrics
Annual cash incentive payouts reflected the Company’s strong financial performance in fiscal year 2018. Based on achievement of the Company’s performance objectives (revenue, operating margin, and a quality metric), fiscal year 2018 bonus funding was at 130.65% of target. PSUs that were granted in fiscal year 2015 vested at 56% of target based on a three-year average annual return on invested capital (“ROIC”) and relative total shareholder return (“TSR”) over the three-year performance period.
Stephen J. Luczo
Ex-CEO of Seagate Technology Holdings PLC
Education
MBA from Stanford University Graduate School of Business.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Technology
Born
February 28, 1957 - 68 years ago
CEO of Seagate Technology Holdings PLC for
8 years 8 months (Jan 2009 - Oct 2017)
Previous Experience
Senior Managing Director of the Global Technology Group of Bear, Stearns & Co. Inc.
Other Seagate Technology Holdings PLC CEOs
Holdings
Track Stephen J. Luczo's stock holdings and portfolio value over time.
Total Stock Sold
$426.48M
$426.48M
11,392,498 STX shares
What if they kept their stock?
If Stephen J. Luczo didn't sell their stock, today they would have:
Extra STX11,392,498 shares worth $3.18B.
This is 644.73% and $2.75B more than what they got when they sold the stock.
Charitable Transactions
2,115,316 shares
STX
200,000 shares
T
Recent Charitable Transactions
50,000 shares
T
Oct 31, 2022
Charity
10,000 shares
STX
Nov 15, 2021
Charity
50,000 shares
T
Oct 27, 2021
Charity
120,000 shares
STX
Jul 2, 2021
Charity
80,000 shares
STX
Jul 2, 2021
Charity
15,000 shares
STX
Apr 26, 2021
Charity
Insider Trading
Stephen J. Luczo's recent stock transactions, purchases, and sales filed with the SEC.
$971.88K
T at $15.55/share
Nov 13, 2023
Purchase
50,000 shares
T
Oct 31, 2022
Charity
50,000 shares
T
Oct 31, 2022
Charity
$5.16M
STX at $103.26/share
Mar 4, 2022
Sale
80,000 shares
STX
Dec 30, 2021
Charity
10,000 shares
STX
Nov 15, 2021
Charity
$2.50M
T at $25.04/share
Nov 8, 2021
Purchase
50,000 shares
T
Oct 27, 2021
Charity
50,000 shares
T
Oct 27, 2021
Charity
$2.98M
T at $29.80/share
May 18, 2021
Purchase
Rivals
Compare Stephen J. Luczo with competitor CEOs and industry peers.