Director of Executive Compensation

Company Description

At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.

We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.

Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.

We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.

Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.

Job Description

Western Digital is seeking an Executive Compensation Director to join our fast-paced Compensation team. The Ideal candidate possesses expert level data modeling and excel skills. Must possess the ability to analyze large amounts of data and utilize that data to communicate findings and influence decision making at senior executive and Board levels.

This role manages major executive compensation initiatives and/or programs and develops, implements, and administers executive compensation policy and practices. The right candidate will have the ability to analyze complex problems, multi-task and meet deadlines. The successful candidate is highly collaborative, displays excellent communication skills – both written and verbal – is an active listener, and can synthesize different data and viewpoints and understands the global context inclusive of workplace trends in our competitive environment. The role will report to the VP, Total Rewards.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Develop, analyze and execute competitive total compensation programs for our Executive Leadership Team (SVP+ level and C-Suite). Competitive total compensation programs include on-boarding, ongoing and off-boarding pay packages, base pay, short-term incentive plans, long-term incentive plans, equity awards, retention programs and severance plans, as well as any other programs and benefits related to the Executive Leadership Team.
• Conduct ongoing competitive analyses of executive compensation programs and pay components by benchmarking against industry peers and best practices, and participation in third-party or custom surveys.
• Manage the administration of our global LTI equity-based and cash-based compensation programs, including time and performance-based equity, award agreements, and equity plan governance. Collaborate with finance, legal, and other departments to ensure seamless integration and alignment of LTI programs with company policies and objectives.
• Support the preparation of the Executive Compensation sections of the proxy statement, including CD&A and proxy tables.
• Evaluates jobs using standard job evaluation techniques; determines levels within the executive team and benchmarks each role relative to the market.
• Supports compensation processes such as merit, short-term and long-term incentive processes, including preparation of materials for the Compensation and Talent Committee of the organization’s Board of Directors. Partners with internal stakeholders to ensure data and system readiness to deliver such processes.
• Supports preparation of annual proxy disclosures, the Pay versus Performance tables and disclosures, and the CEO pay ratio disclosure
• Partners with stock plan administration team to administer equity program and forecasts and monitors the company’s equity spend and burn rate to advise senior executives and the Board
• Manages monthly equity grant approval process (off-cycle equity awards)
• Survey data submission to external consultants, advisors, and proxy advisory firms to ensure alignment with our compensation strategy and governance trends.
• Remains current on legal and governance developments associated with public-company executive compensation programs, including proxy advisor guidance.
• Acts as internal consultant/advisor to managers and other cross functional team. Makes recommendations to senior leaders on executive compensation issues.
• Creates materials to effectively communicate executive compensation programs, policies, and practices to executives.
• Conducts research, including review of public-company proxies and other SEC filings to evaluate market practices for executive compensation programs. Familiar with standard research platforms, including Equilar and Capital IQ.
• Effective communication skills and executive presence to advise and influence C-Suite executives.

Qualifications

Requirements:

• 10+ years of relevant experience in corporate environment and/or consulting firm (prior corporate experience preferred)
• Prior experience presenting and consulting to C-Suite executives

Additional Information

Western Digital is committed to providing equal opportunities to all applicants and employees and will not discriminate based on their race, color, ancestry, religion (including religious dress and grooming standards), sex (including pregnancy, childbirth or related medical conditions, breastfeeding or related medical conditions), gender (including a person’s gender identity, gender expression, and gender-related appearance and behavior, whether or not stereotypically associated with the person’s assigned sex at birth), age, national origin, sexual orientation, medical condition, marital status (including domestic partnership status), physical disability, mental disability, medical condition, genetic information, protected medical and family care leave, Civil Air Patrol status, military and veteran status, or other legally protected characteristics. We also prohibit harassment of any individual on any of the characteristics listed above. Our non-discrimination policy applies to all aspects of employment. We comply with the laws and regulations set forth in the Equal Employment Opportunity is the Law poster.

Western Digital thrives on the power and potential of diversity. As a global company, we believe the most effective way to embrace the diversity of our customers and communities is to mirror it from within. We believe the fusion of various perspectives results in the best outcomes for our employees, our company, our customers, and the world around us. We are committed to an inclusive environment where every individual can thrive through a sense of belonging, respect and contribution.

Western Digital is committed to offering opportunities to applicants with disabilities and ensuring all candidates can successfully navigate our careers website and our hiring process. Please contact us at jobs.accommodations@wdc.com to advise us of your accommodation request. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.

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Compensation & Benefits Details

• An employee’s pay position within the salary range may be based on several factors including but not limited to (1) relevant education; qualifications; certifications; and experience; (2) skills, ability, knowledge of the job; (3) performance, contribution and results; (4) geographic location; (5) shift; (6) internal and external equity; and (7) business and organizational needs.
• The salary range is what we believe to be the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California, Colorado, New York or remote jobs that can be performed in California, Colorado and New York. This range may be modified in the future.
• You will be eligible to participate in Western Digital’s Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance. Depending on your role and your performance, you may be eligible to participate in our annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents, pursuant to the terms of the LTI plan. Please note that not all roles are eligible to participate in the LTI program, and not all roles are eligible for equity under the LTI plan. RSU awards are also available to eligible new hires, subject to Western Digital’s Standard Terms and Conditions for Restricted Stock Unit Awards.
• We offer a comprehensive package of benefits including paid vacation time; paid sick leave; medical/dental/vision insurance; life, accident and disability insurance; tax-advantaged flexible spending and health savings accounts; employee assistance program; other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity; tuition reimbursement; transit; the Applause Program, employee stock purchase plan, and the Western Digital Savings 401(k) Plan.
• Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

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