Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships
July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)
We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.
Secrets of Successful Vendor Contract Negotiations for the Mid-Market
Sept. 10, 2009, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)
On this free public Council teleconference, Matthew A. Karlyn, attorney at Foley & Lardner in Boston, will share tips on negotiating tactics and new, creative contract terms to help mid-market CIOs make better deals.
Executive Competencies Assessment Tool
Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.
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CIO Compensation Includes Lots of Perks
From plane privileges and company cars to personal drivers and club dues, the millionaire CIOs get more than just fat paychecks
November 16, 2007 — CIO —
Millionaire CIOs enjoy club memberships, car allowances and the company plane, among other fringe benefits. Here's a breakdown of who got what goodies, as reported in the latest proxy statements to the Securities and Exchange Commission—in order of total compensation. (For all 39 millionaires in a table format, check out our CIO Salary Ranking story.)
Jeff Fox
- Group President, Shared Services
- Alltel
- Total Compensation: $9,054,918
- Perk Value: $85,803
- The Perks: Club dues and executive physical: $6,007*
Personal use of Alltel plane: $79,796 - Notes: *Each amounted to less than $25,000 or less than 10% of total perquisites so they don't need to be reported individually, according to SEC rules.
-
Bob Willett
- CIO, CEO Best Buy International
- Best Buy
- Total compensation: $8,592,830
- Perk value: $14,358
- The Perks:
Immigration-related payments (Willett is from the UK) and airline club privileges: $4,354
Life and disability insurance: $4,727
Retirement/savings contribution: $5,277
-
Jean Davis
- Retired Sr. EVP E-Commerce and Operations
- Wachovia
- Total compensation: $7,296,889
- Perk value: $1,380,776
- The Perks:
Financial planning: $15,000
Life insurance: $70,734
Retirement/savings contribution: $11,310
Termination-related payments*: $1,283,600 - Notes: * Includes payout negotiated in employment agreement, plus health benefits and accrued vacation time
-
Larry Kittelberger
- SVP Technology and Operations
- Honeywell International
- Total compensation: $6,401,052
- Perk value: $177,784
- The Perks:
Extra liability insurance: $1,200
Life insurance: $76,063
Perquisite allowance: $50,000
Retirement/savings contribution: $47,575
Tax reimbursements for spouse flying on Honeywell plane at Honeywell's request: $2,946
-
Joe Antonellis
- Vice chairman, former CIO
- State Street
- Total compensation: $6,334,483
- Perk value: $48,874
- The Perks:
Health screening: $2,500
Personal liability insurance: 41,250
Parking: $5,047
Retirement/savings plan: $20,077 - Props: Antonellis gave away his $20,000 fee for serving on the board of a State Street joint venture to charity.
-
Glen Salow
- EVP Technology and Operations
- Ameriprise Financial
- Total compensation: $6,018,346
- Perk value: $114,265
- The Perks:
Dividends on unvested restricted stock: $16,951
Retirement/savings contribution: $39,598
Perquisite allowance: $25,000
Tax reimbursement: $9,881 Also, use of the company plane for a guest and use of a Minneapolis apartment and parking spot that amounted to less than $25,000 or less than 10% of total perquisites, so don't have to be reported individually, according to SEC rules.
-
Tim Shack
- EVP, CIO
- PNC Financial
- Total compensation: $5,942,093
- Perk value: $54,440
- The Perks:
Insurance: $19,373
Perquisite allowance: $16,867
Retirement/savings contribution: $18,200
-
Roy Dunbar
- President Global Technology and Operations
- MasterCard
- Total compensation: $5,216,498
- Perk value: $110,049
- The Perks:
Perquisite allowance: $47,960
Retirement/savings contribution: $46,558
Tax reimbursement related to moving to O'Fallon, Mo., home of company's tech center: $15,531
-
Bob DeRodes
- EVP, CIO
- Home Depot
- Total compensation: $5,179,182
- Perk value: $253,255
- The Perks:
Life insurance: $96,810
Retirement/savings contribution: $35,135
Tax reimbursement: $118,513
-
Harvey DeMovick Jr.
- EVP Customer Service Operations, CIO
- Coventry Health Care
- Total compensation: $4,670,942
- Perk value: $242,921
- The Perks:
401(k) contribution: $154,539
Car allowance: $12,000
Disability insurance: $10,710
Personal use of Coventry plane: $35,826
Other transportation-related expenses: $19,946
Retirement/savings contribution: $9,900
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