Sandisk Corp (SNDK) Updates Executive Salaries and STI Targets

What Happened Sandisk Corporation (SNDK) filed an 8-K disclosing that its Compensation and Talent Committee approved executive compensation adjustments on September 10, 2026, effective October 1, 2026. The changes increase the annual base salaries for Executive Vice President & Chief Technology Officer Alper Ilkbahar and Executive Vice President & Chief Legal Officer Bernard Shek. The filing also lists current compensation levels for Chairman & CEO David Goeckeler and EVP & CFO Luis Visoso; there were no changes to Mr. Goeckeler’s base salary or to the STI targets for Messrs. Goeckeler, Visoso, or Ilkbahar.

Key Details

• Approval date: September 10, 2026; effective date: October 1, 2026.
• Alper Ilkbahar (EVP & CTO): annual base salary $755,000; annual short-term incentive (STI) target 100% of base.
• Bernard Shek (EVP & CLO): annual base salary $618,000; annual STI target 100% of base.
• David Goeckeler (Chairman & CEO): annual base salary $1,300,000; STI target 200% (no base change).
• Luis Visoso (EVP & CFO): annual base salary $875,000; STI target 150%.

Why It Matters These updates reflect Sandisk’s routine annual compensation review and affect base pay for two senior executives, which can modestly change near-term payroll costs. The filing confirms incentive targets for the company’s named executives and shows no change to the CEO’s base pay, providing clarity on executive pay structure for investors assessing corporate governance and compensation trends.