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 »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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A Closer Look at High-Tech Executives' Big Paydays in 2007
Oracle's Larry Ellison had a memorable year ($61 million in total compensation). And while Apple's stock rose 99 percent in value, CEO Steve Jobs took home just $1.
April 07, 2008 — CIO — This past year, 2007, was a tough one for many companies and their CEOs. Certain industries—in particular, financial services, real estate and retail—have been hit hard by economic wounds—some self-inflicted, others the result of debilitating macroeconomic trends.
But one group of companies that didn't have too bad a year was high-tech vendors. For starters, results of the AeA's report on the industry showed that high-tech added nearly 100,000 jobs in 2007, unemployment rates for many high-tech jobs were below 2 percent last year and that the average tech industry wage was 87 percent higher than the average private-sector wage.
Recent financial data, filed by publicly traded high-tech companies, reveals that those situated in the executive suites at some of the leading vendors also had a very good year.
At the top of the list is Oracle's bold and brash leader, Larry Ellison. He took home $61 million in total compensation in 2007, which was a 100 percent increase from his 2006 total compensation.
The compensation data on the CEOs comes from a recent article in The New York Times that offered accounting breakdowns and comparative analysis of chief executive pay at 200 companies with revenues of at least $6.5 billion. (The data was gathered by compensation researcher Equilar.)
The theme of the article was that in this tough economic climate and new era of more accountability and transparency for CEO compensation, companies were still paying their CEOs more (using "discretionary bonuses") even as the relative performance of the CEOs' companies was tanking.
In other words, summed up the Times report, "true links between pay and performance remained scarce."
High-Tech's High Flyers
Generally speaking, however, that was not the case with the high-tech companies highlighted in the article. While Ellison's pay did rise 100 percent from the year previous, Oracle's stock price rose 36 percent, and its net income rose 26 percent (revenues were nearly $18 billion). (Ellison's total value of equity holdings in Oracle is now a mind-boggling $24 billion.)
Other high-tech execs did well personally as their companies prospered. IBM chief Samuel Palmisano earned nearly $21 million in total compensation last year (an increase of 11 percent from 2006), while IBM's stock price rose 13 percent in value, and Big Blue gained 11 percent in net income on revenues of $99 billion. (Palmisano's total value of equity holdings in IBM is now worth $74 million.)
IT Spending in a Down Economy
Dell PC Deployment Optimization Model
Operational Excellence Is Key to Maximizing IT Investments
Learning from BPM Leaders
The Business Case for Web Application Firewalls, by Ken Tyminski, former VP and CISO for the Prudential Insurance Company of America
Optimizing Infrastructure Control
Want to Improve your Global Organization's Agility? Leverage the Power of ECM
The CIO's Guide To Harnessing Enterprise 2.0
Where's the CIO? -- The Missing Link in Your SOA Strategy
Protecting Sensitive and Confidential Information with Endpoint Security
Endpoint Security: Compliance at the Endpoint
Cash in on the promise of virtualization - without the management risks.
Resource Alerts
Get instant email notifications by topic when white papers, webcasts, and case studies are added to our library.
New Microsoft Cashback Deal Follows Outage
High Court Narrows Penalty Against Qualcomm
Major E-Stores Malfunction on Black Friday and Cyber Monday
Clearwire, Sprint Close WiMax Deal
Netbooks: Small, Cheap -- and Fast?
Clearwire, Sprint Close WiMax Deal
'Social Mobile' Applications: the Missing Book
Vista SP2 Due Next April, Says Report
Fear of More Attacks Could Hurt Business in India
London Hospitals Almost Back Online After Worm Infection
Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
Over 25 tutorials on everything from business intelligence to virtualization.
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