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Kioxia’s Executive Pay Jumps After AI Boosts Demand and Stock

Kioxia’s Executive Pay Jumps After AI Boosts Demand and Stock
Bloomberg Technology Wednesday 24 June 2026, 04:49 UTC By Natsuko Katsuki, Takashi Mochizuki 1 min read
Key Points

Kioxia’s Executive Pay Jumps After AI Boosts Demand and Stock Executive pay at Japanese flash memory maker Kioxia Holdings Corp. surged, a reflection of runaway global demand for AI-related chips. Chairman Stacy Smith’s compensation rose nearly 15-fold to total ¥4.4 billion ($27 million) in the fiscal year ended March, according to the company’s annual securities report. Former president Nobuo Hayasaka, who stepped down to hand over the reins to Hiroo Ota in April, saw his pay increase more...

Kioxia’s Executive Pay Jumps After AI Boosts Demand and Stock Executive pay at Japanese flash memory maker Kioxia Holdings Corp. surged, a reflection of runaway global demand for AI-related chips. Chairman Stacy Smith’s compensation rose nearly 15-fold to total ¥4.4 billion ($27 million) in the fiscal year ended March, according to the company’s annual securities report. Former president Nobuo Hayasaka, who stepped down to hand over the reins to Hiroo Ota in April, saw his pay increase more than six-fold to ¥794 million. The number of executives at Kioxia whose total compensation was ¥100 million or more was unchanged at two.
Kioxia (PERSON) AI Boosts Demand and Stock Kioxia’s (ORG) AI Boosts Demand and Stock Executive (ORG) Japanese (ORG) Kioxia Holdings Corp. (ORG) Stacy Smith (PERSON) Nobuo Hayasaka (PERSON) Hiroo Ota (PERSON)
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