Sumit Sadana Insider Information
Sumit Sadana is executive vice president and chief business officer at Micron Technology. He is responsible for all four business units in the company, which include the marketing and business operations teams that align our product roadmaps with customer requirements. The business units are responsible for driving revenue and profitability and for positioning the company for success through strategic partnerships with customers. Mr. Sadana is also responsible for the company’s strategy and corporate business development. Mr. Sadana joined Micron in 2017.
Mr. Sadana has more than 29 years of semiconductor experience, previously serving in management and executive- and C-level roles at IBM, Freescale, and most recently SanDisk, where he was the executive vice president, chief strategy officer and general manager of enterprise solutions.
Mr. Sadana earned a bachelor’s degree in electrical engineering from the Indian Institute of Technology (IIT), Kharagpur, India, and a master’s degree in electrical engineering from Stanford University.
What is Sumit Sadana's net worth?
The estimated net worth of Sumit Sadana is at least $12.26 million as of July 6th, 2021. Mr. Sadana owns 165,548 shares of Micron Technology stock worth more than $12,258,829 as of September 26th. This net worth evaluation does not reflect any other investments that Mr. Sadana may own. Learn More.
What is Sumit Sadana's salary?
As the EVP of Micron Technology, Inc., Mr. Sadana earned a total compensation package of $7,359,372.00 in 2020. Mr. Sadana earned a salary of $755,173.00, stock awards of $5,500,013.00, non-equity compensation of $1,089,936.00, and other compensation of $14,250.00.
How do I contact Sumit Sadana?
The corporate mailing address for Mr. Sadana and other Micron Technology executives is 8000 S FEDERAL WAY, BOISE ID, 83716. Micron Technology can also be reached via phone at (208) 368-4000 and via email at [email protected]
Has Sumit Sadana been buying or selling shares of Micron Technology?
During the past quarter, Sumit Sadana has sold $8,386,198.00 in shares of Micron Technology stock. Most recently, Sumit Sadana sold 104,280 shares of the business's stock in a transaction on Tuesday, July 6th. The shares were sold at an average price of $80.42, for a transaction totalling $8,386,197.60. Following the completion of the sale, the executive vice president now directly owns 165,548 shares of the company's stock, valued at $13,313,370.16.
Who are Micron Technology's active insiders?
Are insiders buying or selling shares of Micron Technology?
During the last year, insiders at the semiconductor manufacturer sold shares 30 times. They sold a total of 473,437 shares worth mmore than $35,881,597.62. The most recent insider tranaction occured on September, 13th when Joel L Poppen SVP bought 4,984 shares worth more than $370,759.76. Insiders at Micron Technology own 0.3 % of the company.
Information on this page was last updated on 9/13/2021.
Sumit Sadana Insider Trading History at Micron Technology
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Micron Technology Company Overview
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU). The Compute and Networking Business Unit segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets. The Mobile Business Unit segment offers memory products sold into smartphone, and other mobile-device markets. The Storage Business Unit segment comprises of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer solid-state drive (SSD) markets, other discrete storage products sold in component and wafer forms to the removable storage markets, and sales of 3D XPoint memory. The Embedded Business Unit segment consists of memory and storage products sold into automotive, industrial, and consumer markets. The company was founded by Ward D. Parkinson, Joseph L. Parkinson, Dennis Wilson, and Doug Pitman 0n October 5, 1978 and is headquartered in Boise, ID.
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