Highs and lows of CEO pay
This year's proxy season has come to a close, and after digging through regulatory filings, 10 highlights stand out in our analysis of 62 tech CEOs' compensation.
This year's proxy season has come to a close, and after digging through regulatory filings, 10 highlights stand out in our analysis of 62 tech CEOs' compensation.
Twitter revealed its biggest earners as it prepares for its IPO. CEO Dick Costolo netted $11.5 million last year, and Christopher Fry, SVP of engineering, raked in $10.3 million.
IBM CEO Ginni Rometty earned a $16.2 million pay package in 2012, while her predecessor, Sam Palmisano, made more than double that for his role as chairman and senior adviser to IBM.
Before the new year rolls in, we're recapping the tech industry's top earners, biggest CEO bonuses, fattest raises, <a href="http://www.networkworld.com/slideshows/2011/030911-ceo-perks.html">priciest perks</a> and smallest salary earners, calculated from our analysis of 36 tech companies' 2011 proxy statements.
Carol Bartz's compensation was slashed by 75 per cent in 2010, but the Yahoo CEO still managed to take home a hefty $11.9 million pay package. A year earlier, Bartz received compensation valued at $47.2 million, according to documents filed Friday with the U.S. Securities and Exchange Commission.
Intel CEO Paul Otellini received a seven per cent pay bump last year, as Intel more than doubled its profits and for the first time topped $40 billion in revenue. His total compensation climbed to $15.7 million in 2010 from $14.6 million in 2009, according to documents filed yesterday with the U.S. Securities and Exchange Commission.
CEO Steve Jobs took his customary $1 salary in Apple's 2010 fiscal year, which ended Sept. 25, according to documents filed today with the U.S. Securities and Exchange Commission.
Microsoft CEO Steve Ballmer received compensation in fiscal 2010 valued at $1.35 million, according to documents filed Thursday with the U.S. Securities and Exchange Commission. His total package is up six per cent from 2009, when he received compensation valued at $1.28 million.
Cisco CEO John Chambers received compensation valued at $18.9 million in fiscal 2010, according to documents filed Friday with the U.S. Securities and Exchange Commission. His total package is up 33% from 2009, when he received compensation valued at $14.2 million.