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

Robert Mao took over as 3Com's CEO on April 30, just one month before the company's 2008 fiscal year ended on May 30. His pay package for that short time was valued at $6.1 million and included a $32,500 salary, $56,831 performance-based cash bonus, $33,645 in other compensation, and stock and option awards valued at $6 million dollars. He inherited a shaky financial situation: The company incurred a net loss of $228.8 million in its 2008 fiscal year. Revenue came in at $1.29 billion compared to 2007 revenue of $1.27 billion, a gain of 2%.
Slideshow republished with permission from Network World. (View original version.)