ADVFN - Advanced Financial Network.
HOME» NASDAQ » S » SNDK Stock Price » SNDK Stock News

Sandisk Share News

 Sandisk (mm) Stock Price
SNDK Stock Price
 Sandisk (mm) Stock Chart
SNDK Stock Chart
 Sandisk (mm) Stock News
SNDK Stock News
 Sandisk (mm) Company Information
SNDK Company Information
 Sandisk (mm) Stock Trades
SNDK Stock Trades

SanDisk CEO's Total Comp In 2011 Soars To $12.2 Million From $4.1 Million

By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- SanDisk Corp.'s (SNDK) chief executive saw a three-fold increase in total compensation last year, his first year at the helm of the company. Sanjay Mehrotra's compensation totaled $12.2 million in 2011, up from $4.1 million the previous year. Mehrotra, who served as president and chief operating officer from 2006 through 2010, became CEO at the beginning of last year upon the retirement of Eli Harari. Mehrotra's compensation was boosted by an increase in stock awards to $3.7 million from $752,809 and a rise in option awards to $6.1 million from $1.3 million in 2010. His salary increased 35%, to $807,692. By comparison, Harari received total compensation of $29.5 million his final year as CEO, boosted by large stock and option awards. His salary before that, in 2009, totaled $4.1 million. Meanwhile, Chief Financial Officer Judy Bruner's total compensation rose 20%, to $2.98 million. Her option awards jumped 67%, to $1.1 million, while her stock awards soared 71%, to $644,820. SanDisk reported record revenue last year, boosted by demand for its memory chips used in devices like smartphones and tablets. But the company has been struggling of late as inventories grow and prices fall. Some of its handset customers have been struggling, in turn hurting demand for SanDisk's products. The company earlier this month reported its first-quarter earnings fell 49%. The period marked the fifth in a row for weaker earnings. -By Shara Tibken, Dow Jones Newswires; 212-416-2189; shara.tibken@dowjones.com

Stock News for Sandisk (SNDK)
DateTimeHeadline
07/17/201417:40:28MARKET SNAPSHOT: U.S. Stocks Sell Off After Malaysia Airlines...
07/17/201414:10:16MARKET SNAPSHOT: Malaysia Airlines Crash In Ukraine Rocks Stocks
07/17/201412:25:58MARKET SNAPSHOT: U.S. Stocks Slip As Ukraine Worries Weigh
07/17/201410:35:00MARKET SNAPSHOT: U.S. Stocks Stabilize; Microsoft Rallies On...
07/17/201410:33:20MARKET SNAPSHOT: U.S. Stocks Fall; Microsoft Rallies On Jobs...
07/17/201409:48:31MARKET SNAPSHOT: U.S. Stocks Open Lower; Dow Retreats From Record
07/17/201409:21:50MARKET SNAPSHOT: U.S. Stocks: Futures Fall; Economic Data Mixed
07/17/201408:31:50MARKET SNAPSHOT: U.S. Stocks: Futures Fall As Russia-Ukraine...
07/17/201407:10:13MARKET SNAPSHOT: U.S. Stocks: Futures Dip With Morgan Stanley...
07/17/201401:43:53TECH STOCKS: Intel Rises, Yahoo Falls After Earnings Results
07/13/201406:18:25MARKET SNAPSHOT: Tech, Bank Earnings To Test Economic Recovery
06/16/201416:52:09MARKET SNAPSHOT: U.S. Stocks Inch Up; Iraq Concerns Weigh
06/16/201416:35:31TECH STOCKS: Yahoo Slumps While Most Tech Stocks Rally
06/16/201411:29:03TECH STOCKS: Yahoo, Fusion-io Spearhead Tech Activity
06/16/201411:20:49MARKET SNAPSHOT: U.S. Stocks Inch Higher After Upbeat Data
06/16/201409:37:19U.S. Hot Stocks: Hot Stocks to Watch
05/16/201411:39:46TECH STOCKS: Applied Materials, Rackspace Are Notable Tech Gainers
04/17/201417:12:18TECH STOCKS: SanDisk, Weibo Gains Pace Tech Stocks
04/17/201411:10:53TECH STOCKS: IBM Losses Can't Hold Back Tech Gains
04/16/201417:09:52SanDisk's Profit Jumps On Higher Revenue

Sandisk and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad