CEO Pay: Big Bucks for Tech's Chief Executives

Salaries, bonuses, perks and stock awards added up to big pay packages for tech CEOs in 2008.

By Ann Bednarz, Network World

Joe Tucci's total 2008 compensation included his $1 million salary, $1.4 million performance-based cash bonus, and $239,039 in other compensation. He also received stock and option awards valued at $9 million at the time they were granted. The value of his compensation package more than doubled from 2007. Meanwhile, for the year ended Dec. 31, EMC grew its revenue but saw its net income fall. EMC's 2008 revenue hit $14.9 billion, an increase of 12% over the $13.2 billion reported in 2007. Net income for 2008 came in at $1.35 billion, a drop of 19%.
Slideshow republished with permission from Network World. (View original version.)