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

CEO John Thompson, who plans to retire in April, received 2008 compensation valued at $2.2 million. This included his $800,000 salary, $1.15 million performance-based cash bonus, and $273,641 in perks and other compensation. Thompson's cash bonus tripled from $350,000 awarded in fiscal 2007. Meanwhile, the company achieved solid revenue and profit gains in its 2008 fiscal year. Revenue came in at $5.87 billion, up 13% from $5.2 billion in 2007. Net income hit $464 million, a gain of 15% compared to $404 million in the prior year.
Slideshow republished with permission from Network World. (View original version.)