The 40 Most Highly Compensated Channel Lieutenants In 2015
How Much Do Your VPs and C-Suite Execs Make?
The 40 highest-paid vice presidents and c-suite executives (other than CEOs) from publicly traded distributors and channel partners in the top 100 of CRN's 2016 Solution Provider 500 rankings raked in nearly $149 million of compensation last year. But only 17 percent – or $25.3 million – of that came in the form of salary.
Nearly 46 percent, or $68.1 million, of the lieutenants' total compensation came from stock awards, while an additional 12 percent, or $18.2 million, came from option awards. Bonuses made up an additional 19 percent, or $28.4 million, of the compensation package.
Publicly-traded companies based in the United States are required to disclose the compensation of all named executive officers to the Securities and Exchange Commission before the annual shareholder meeting.
40. MaryAnn Miller, Avnet: $1.93M
Position: Senior Vice President, Chief Human Resources Officer and Corporate Communications
Stock Award: $681,000
Salary: $500,000
Bonus: $377,000
Option Award: $191,000
Deferred Compensation: $158,000
Other Compensation: $20,000
The fiscal year for Avnet ended June 27, with the distributor's sales increasing 1.6 percent to $27.92 billion and non-GAAP net income climbing 4.9 percent to $623.1 million.
Other compensation for Miller included expenses associated with Avnet's automobile program, as well as an annual physical exam.
39. Eric Schuck, Arrow: $1.95M
Position: Former President, Arrow Global Components
Stock Award: $750,000
Salary: $458,000
Bonus: $287,000
Option Award: $250,000
Other Compensation: $203,000
Deferred Compensation: $6,000
The fiscal year for Arrow Electronics ended Dec. 31, with the distributor's sales inching up by 2 percent to $23.28 billion and adjusted net income dipping by 0.1 percent to $592.3 million.
Schuck's last day of employment with Arrow was Nov. 30. He was replaced by Andy King, Arrow's components business leader in Europe, the Middle East and Africa (EMEA).
Other compensation for Schuck includes a $71,000 tax equalization payment, severance payments in the amount of $66,000, a vacation accrual payment of $38,000, a 401(k) company contribution of $12,000, an international tax gross-up of $10,000 related to his time in Germany, a benefits continuation payment of $1,000, and $1,000 of reimbursement for tax penalties and interest.
38. John Mengucci, CACI: $1.99M
Position: Chief Operating Officer, President of U.S. Operations
Stock Award: $1.05M
Salary: $558,000
Bonus: $311,000
Other Compensation: $73,000
The fiscal year for CACI, No. 17 on the CRN SP 500, ended June 30, 2015, with the company reporting a 7 percent drop in revenue to $3.31 billion and a 7 percent drop in net income to $126.2 million.
CACI announced the $550 million acquisition of L-3 Communications Holdings' National Security Solutions (NSS) subsidiary in the company’s 2015 fiscal year, with the deal closing Feb. 1, 2016.
Other compensation for Mengucci included a non-qualified deferred compensation contribution of $33,000, $16,000 of vacation time sold back to the company, $10,000 in tax and investment services, $8,000 in matching contributions to his 401(k), $4,000 in automobile expenses and $2,000 for a long-term care insurance policy.
37. Dennis Polk, Synnex: $2.05M
Position: Chief Operating Officer and Director
Bonus: $722,000
Stock Award: $582,000
Salary: $453,000
Option Award: $300,000
Other Compensation: $9,000
The fiscal year for Synnex ended Nov. 30, with the distributor's sales falling 3.6 percent to $13.34 billion and non-GAAP net income increasing 3.1 percent to $249.9 million.
Other compensation for Polk consists of $8,000 of dividends paid during the 2015 fiscal year on unvested restricted stock awards, and $1,000 of company contributions to his 401(k) retirement savings plan.
36. Peter Larocque, Synnex: $2.07M
Position: President, North American Technology Solutions
Bonus: $705,000
Stock Award: $582,000
Salary: $453,000
Option Award: $300,000
Other Compensation: $9,000
The fiscal year for Synnex ended Nov. 30, with the distributor's sales falling 3.6 percent to $13.34 billion and non-GAAP net income increasing 3.1 percent to $249.9 million.
Other compensation for Larocque consists of $8,000 of dividends paid during the 2015 fiscal year on unvested restricted stock awards, and $1,000 of company contributions to his 401(k) retirement savings plan.
35. Mary Catherine Morris, Arrow: $2.11M
Position: Senior Vice President and Chief Strategy Officer
Stock Award: $675,000
Salary: $475,000
Deferred Compensation: $389,000
Bonus: $326,000
Option Award: $225,000
Other Compensation: $18,000
The fiscal year for Arrow Electronics ended Dec. 31, with the distributor's sales inching up by 2 percent to $23.28 billion and adjusted net income dipping by 0.1 percent to $592.3 million.
Other compensation for Morris included a $12,000 corporate contribution toward her 401(k) plan and $6,000 of other benefits.
(Tie) 33. H. Lynn Moore, Tyler Technologies: $2.17M
Position: Executive Vice President, General Counsel and Secretary
Option Award: $1.55M
Salary: $323,000
Bonus: $291,000
Other Compensation: $9,000
The fiscal year for Tyler Technologies, No. 50 on the CRN SP 500, ended Dec. 31. The company’s revenue increased 19 percent to $591 million, while net income jumped 9 percent to $64.9 million.
Tyler Technologies announced in October plans to acquire local government solution provider New World Systems Corp. for $360 million in cash, strengthening the company’s local government practice and boosting 2015 revenue by an estimated $124 million.
Other compensation for Moore included contributions to his 410(k) savings plan, and tickets to sporting events.
(Tie) 33. Brian Miller, Tyler Technologies: $2.17M
Position: Executive Vice President, Chief Financial Officer and Treasurer
Option Award: $1.55M
Salary: $323,000
Bonus: $291,000
Other Compensation: $9,000
Tyler Technologies, No. 50 on the CRN SP 500, ended its fiscal year Dec. 31, recording a year-over-year revenue increase of 19 percent to $591 million and a net income increase of 9 percent to $64.9 million.
Tyler Technologies announced in October that it is planning to acquire local government solution provider New World Systems Corp. for $360 million in cash, strengthening the company’s local government practice and boosting 2015 revenue by an estimated $124 million.
Other compensation for Miller included contributions to his 410(k) savings plan, and tickets to sporting events.
32. Bill Humes, Ingram Micro: $2.21M
Position: Chief Financial Officer
Stock Award: $700,000
Salary: $683,000
Bonus: $506,000
Option Award: $300,000
Other Compensation: $21,000
The fiscal year for Ingram Micro ended Dec. 31, with the distributor's sales falling 7.4 percent to $43.03 billion and non-GAAP net income climbing 0.7 percent to $411.5 million.
Humes stands to receive a $11.12 million payout for his options, restricted stock units and shares of Ingram Micro stock should the proposed $6 billion acquisition by Chinese logistics firm Tianjin Tianhai go through.
Other compensation for Humes includes $20,000 in company contributions to retirement savings plans and $1,000 in health and welfare benefits.
31. Douglas Eckrote, CDW: $2.25M
Position: Senior Vice President, Strategic Solutions and Services
Bonus: $771,000
Other Compensation: $681,000
Salary: $380,000
Stock Award: $225,000
Option Award: $199,000
The fiscal year for CDW, No. 5 on the CRN SP 500, ended Dec. 31, with sales increasing 7.6 percent to $12.99 billion and non-GAAP net income jumping 22.8 percent to $503.5 million.
Eckrote received a $29,000 lump sum bonus in lieu of an increase in annual target compensation. Other compensation for Eckrote included $669,000 in cash retention payments under a plan that vested in 2015, but paid in 2016, company-paid supplemental disability premiums and matching contributions to his 401(k) account.
30. Christine Leahy, CDW: $2.32M
Position: Senior Vice President – International, Chief Legal Officer and Corporate Secretary
Other Compensation: $656,000
Bonus: $514,000
Stock Award: $400,000
Salary: $396,000
Option Award: $353,000
CDW, No. 5 on the CRN SP 500, ended its 2015 fiscal year on Dec. 31, reporting an increase in sales of 7.6 percent to $12.99 billion and an increase in non-GAAP net income of 22.8 percent to $503.5 million.
Other compensation for Leahy included $643,00 in cash retention payments under a plan that vested in 2015, but paid in 2016, company-paid supplemental disability premiums and matching contributions to her 401(k) account.
29. Ronald Frankenfield, Unisys: $2.47M
Position: Former Senior Vice President and President, Enterprise Solutions
Other Compensation: $944,000
Stock Award: $571,000
Salary: $352,000
Bonus: $324,000
Option Award: $275,000
The fiscal year for Unisys, No. 19 on the CRN SP 500, ended Dec. 31. The company reported a revenue dip of 10 percent to $3.02 billion and a net loss of $109 million, which comes just a year after Unisys posted a net profit of $44 million.
Frankenfield left Unisys on Aug. 31, 2015. An accrued vacation payout of $36,000 was included in his salary upon termination of employment.
He was also awarded a $324,000 bonus, which is equal to the portion of the annual bonus for which he would have been eligible had his employment with Unisys not ended.
Frankenfield's other compensation includes a severance payment of $926,000, matching contributions of $8,000 to his 401(k), perquisites of $8,000, and outplacement costs of $2,000.
28. Patrick Pedonti, SS&C: $2.55M
Position: Chief Financial Officer
Option Award: $1.14M
Bonus: $1.05M
Salary: $350,000
Other Compensation: $6,000
SS&C’s 2015 fiscal year ended in mixed results on Dec. 31, as the company grew its revenue by more than 30 percent to just over $1 billion, but watched its net income fall by 67 percent to $43 million.
SS&C, No. 36 on the CRN SP 500, has acquired five companies in the last 18 months, most recently scooping up McLean, Va.-based Citi Alternative Investor Services to become the second largest fund administrator worldwide.
Other compensation for Pedonti included a $4,000 contribution to his 401(k) and company payment of life insurance premiums.
27. Patrick Zammit, Avnet: $2.63M
Position: Senior Vice President and President, Technology Solutions
Stock Award: $937,000
Salary: $513,000
Bonus: $470,000
Option Award: $419,000
Other Compensation: $162,000
Deferred Compensation: $127,000
The fiscal year for Avnet ended June 27, with the distributor's sales increasing 1.6 percent to $27.92 billion and non-GAAP net income climbing 4.9 percent to $623.1 million.
Zammit was promoted to his current role on Jan. 5, 2015. He previously served as president of Avnet's Electronics Marketing division in Europe, the Middle East and Africa (EMEA).
Other compensation for Zammit included $88,000 of tax equalization payments to cover his U.S. income tax obligation, $44,000 in contributions to his French retirement program that's similar to social security, expenses associated with Avnet's automobile program, and an annual physical exam.
26. Kevin Moriarty, Avnet: $2.64M
Position: Senior Vice President and Chief Financial Officer
Stock Award: $1.02M
Bonus: $603,000
Salary: $600,000
Option Award: $286,000
Deferred Compensation: $106,000
Other Compensation: $20,000
The fiscal year for Avnet ended June 27, with the distributor's sales increasing 1.6 percent to $27.92 billion and non-GAAP net income climbing 4.9 percent to $623.1 million.
Other compensation for Moriarty included expenses associated with Avnet's automobile program, as well as an annual physical exam.
25. Dustin Womble, Tyler Technologies: $2.80M
Position: Executive Vice President
Option Award: $1.85M
Salary: $430,000
Bonus: $516,000
Other Compensation: $10,000
The 2015 fiscal year for Tyler Technologies, No. 50 on the CRN SP 500, ended Dec. 31. The company reported a 19 percent increase in revenue to $591 million, while net income jumped 9 percent to $64.9 million.
Other compensation for Womble included contributions to his 401(k) savings plan, tickets to sporting events, and disability insurance premiums.
24. Gerry Fay, Avnet: $2.85M
Position: Senior Vice President and President, Electronics Marketing
Stock Award: $1.15M
Salary: $550,000
Bonus: $544,000
Option Award: $480,000
Deferred Compensation: $108,000
Other Compensation: $20,000
The fiscal year for Avnet ended June 27, with the distributor's sales increasing 1.6 percent to $27.92 billion and non-GAAP net income climbing 4.9 percent to $623.1 million.
Other compensation for Fay included expenses associated with Avnet's automobile program, as well as an annual physical exam.
23. Andy Bryant, Arrow: $2.92M
Position: Former Senior Vice President and Chief Operating Officer
Stock Award: $900,000
Salary: $600,000
Bonus: $560,000
Deferred Compensation: $547,000
Option Award: $300,000
Other Compensation: $12,000
The fiscal year for Arrow Electronics ended Dec. 31, with the distributor's sales inching up by 2 percent to $23.28 billion and adjusted net income dipping by 0.1 percent to $592.3 million.
Arrow announced in January that Bryant would be retiring April 30. Following Bryant's retirement, the presidents of Arrow's global components and global enterprise computing solutions businesses are reporting directly to CEO Mike Long.
Other compensation for Bryant included a $10,000 corporate contribution toward his 401(k) plan and $2,000 of other benefits.
22. Nestor Cano, Tech Data: $2.93M
Position: President, Europe
Bonus: $1.29M
Salary: $791,000
Stock Award: $714,000
Other Compensation: $132,000
The fiscal year for Tech Data ended Jan. 31, with the distributor's sales falling 4.7 percent to $26.38 billion and non-GAAP net income climbing 9.1 percent to $208.2 million.
Other compensation for Cano includes $94,000 in housing expense reimbursements, and $18,000 for use of a company leased automobile.
Cano also received a $20,000 Executive Choice Plan benefit, which can be used for tax and estate counseling, individual insurance premiums, personal and professional development expenses, and club memberships.
21. James Smith, CSC: $3.05M
Position: Executive Vice President, Global Business Services
Stock Award: $1.38M
Option Award: $727,000
Salary: $650,000
Bonus: $268,000
Other Compensation: $27,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company's full-year revenue declined by 6.3 percent to $12.17 billion, while net income dropped 11.7 percent to $664 million.
Smith joined CSC in May 2013, and was promoted to his current role in August 2013. CSC spun off its North American public sector business in November 2015, and in May 2016 announced plans to merge with HPE's Enterprise Services unit .
Other compensation for Smith included $8,000 in matching 401(k) contributions; $1,000 in life insurance premiums; commuting expenses; and vacation encashment.
20. Ann Ziegler, CDW: $3.32M
Position: Senior Vice President and Chief Financial Officer
Other Compensation: $799,000
Bonus: $775,000
Stock Award: $650,000
Option Award: $574,000
Salary: $517,000
CDW’s 2015 fiscal year ended Dec. 31. The company, No. 5 on the CRN SP 500, reported that its sales increased by 7.6 percent to $12.99 billion and its non-GAAP net income jumped 22.8 percent to $503.5 million.
Other compensation for Ziegler included $786,00 in cash retention payments under a plan that vested in 2015, but paid in 2016, company-paid supplemental disability premiums, and matching and profit-sharing contributions to her 401(k) account.
19. Gary Budzinski, CSC: $3.37M
Position: Former Executive Vice President and General Manager, Global Infrastructure Services
Stock Award: $1.69M
Option Award: $909,000
Salary: $618,000
Other Compensation: $150,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company's full-year revenue declined by 6.3 percent to $12.17 billion, while net income dropped 11.7 percent to $664 million.
Budzinski started in this role at CSC in June 2012. His employment with CSC was terminated on March 10, 2015, with the company agreeing to pay him $325,000 in severance benefits.
Other compensation for Budzinski included $74,000 for the first installment of his severance payments; $44,000 for commuting expenses; $8,000 in matching 401(k) contributions; $1,000 in life insurance payments; financial counseling; and vacation encashment.
18. Rahul Kanwar, SS&C: $3.44M
Position: Senior Vice President
Bonus: $1.6M
Option Award: $1.36M
Salary: $475,000
Other Compensation: $4,000
During SS&C’s fiscal year, which ended Dec. 31, the company reported that it grew revenue by more than 30 percent to just over $1 billion. However, the company, No. 36 on the CRN SP 500, also reported that net income plunged by 67 percent to $43 million.
Other compensation for Kanwar included a $4,000 contribution to his 401(k) plan and payments of life insurance premiums.
17. Malcolm Frank, Cognizant: $3.55M
Position: EVP, Strategy and Marketing
Stock Award: $2.63M
Bonus: $503,000
Salary: $417,000
Other Compensation: $2,000
The 2015 fiscal year for Cognizant ended Dec. 31. The company - No. 7 on the CRN SP 500 - reported its revenue increased by 21 percent to $12.42 billion, with net income climbing 12.8 percent to $1.62 billion.
In 2016, the company said it expects projects to ramp up in its healthcare and financial sectors, noting it expects improvements in both markets.
Other compensation for Frank consists entirely of the matching contribution to his 401(k).
16. Karen McLoughlin, Cognizant: $3.71M
Position: Chief Financial Officer
Stock Award: $2.8M
Bonus: $490,000
Salary: $406,000
Other Compensation: $8,000
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31. The company reported that it increased its revenue by 21 percent to $12.42 billion, with net income climbing 12.8 percent to $1.62 billion.
Cognizant said it expects projects to ramp up in 2016 as the outlook for its healthcare and financial sectors is improving.
McLoughlin’s other compensation consisted of a $6,000 matching contribution toward her CSRP and a $2,000 matching contribution to her 401(k) plan.
15. Paul Reilly, Arrow: $3.74M
Position: Executive Vice President, Finance and Operations and Former Chief Financial Officer
Stock Award: $1.2M
Deferred Compensation: $800,000
Salary: $700,000
Bonus: $630,000
Option Award: $400,000
Other Compensation: $15,000
The fiscal year for Arrow Electronics ended Dec. 31, with the distributor's sales inching up by 2 percent to $23.28 billion and adjusted net income dipping by 0.1 percent to $592.3 million.
Arrow announced in May that Reilly will be retiring Jan. 31, 2017. He is being replaced by Chris Stansbury, who had served as Arrow's vice president of finance and principal accounting officer since August 2014.
Other compensation for Reilly included a $12,000 corporate contribution toward his 401(k) plan and $3,000 of other benefits.
14. Jeffrey Howells & Chuck Dannewitz, Tech Data: $3.94M
Position: Executive Vice President and Chief Financial Officer
Total Compensation: Howells: $2.25M; Dannewitz: $1.69M
Stock Award: Howells: $747,000; Dannewitz: $625,000
Other Compensation: Howells: $1.11M; Dannewitz: $35,000
Salary: Howells: $395,000; Dannewitz: $492,000
Bonus: Howells: None; Dannewitz: $535,000
Deferred Compensation: Howells: None; Dannewitz: $2,000
The fiscal year for Tech Data ended Jan. 31, with the distributor's sales falling 4.7 percent to $26.38 billion and non-GAAP net income climbing 9.1 percent to $208.2 million.
Howells retired on June 5, 2015, part way through Tech Data's fiscal year, and was replaced by Dannewitz. Howells's salary figure includes $105,000 of accrued vacation time through his retirement date.
Other compensation for Howells includes a $567,000 annual bonus, $514,000 of severance paid bi-weekly between June 5, 2015, and Jan. 31, 2016, a $20,000 Executive Choice Plan benefit, and $6,000 in company 401(k) contributions.
Other compensation for Dannewitz includes a $20,000 Executive Choice Plan benefit, $9,000 in company 401(k) contributions, and $7,000 for guest travel, food, lodging, activities, or gifts in connection with business-related events.
13. Normand Boulanger, SS&C Technologies: $3.98M
Position: Chief Operating Officer
Bonus: $2M
Option Awards: $1.43M
Salary: $550,000
Other Compensation: $5,000
The fiscal year for SS&C, No. 36 on the CRN SP 500, ended Dec. 31. The company grew its revenue by more than 30 percent to just over $1 billion, though net income plunged by 67 percent to $43 million.
The other compensation Boulanger received from SS&C includes a contribution to his 401(k) of $4,000 and SS&C’s payments of life insurance premiums.
12. Shailendra Gupta, Ingram Micro: $4.01M
Position: Executive Vice President, Mobility and Lifecycle Services
Stock Award: $2.06M
Other Compensation: $764,000
Salary: $621,000
Bonus: $320,000
Option Award: $240,000
The fiscal year for Ingram Micro ended Dec. 31, with the distributor's sales falling 7.4 percent to $43.03 billion and non-GAAP net income climbing 0.7 percent to $411.5 million.
Gupta stands to receive a $8.86 million payout for his options, restricted stock units, shares of Ingram Micro stock and equity-based award should the proposed $6 billion acquisition by Chinese logistics firm Tianjin Tianhai go through.
Other compensation for Gupta includes $392,000 in tax equalization payments, $186,000 in a housing allowance for the United Kingdom, $117,000 in company contributions to retirement savings plans, $34,000 in expatriate health insurance premiums, a $28,000 transportation allowance and home leave airfare expenses of $7,000 for Gupta and his spouse.
11. Ashish Mahadwar, CSC: $4.28M
Position: Former Executive Vice President and General Manager, Strategic Business
Stock Award: $3.02M
Salary: $471,000
Option Award: $439,000
Bonus: $352,000
Other Compensation: $5,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company's full-year revenue declined by 6.3 percent to $12.17 billion, while net income dropped 11.7 percent to $664 million.
Mahadwar started in this role at CSC in July 2014. CSC announced in a filing with the U.S. Securities and Exchange Commission (SEC) that he was no longer employed with the company as of May 2, 2016.
Other compensation for Mahadwar included $4,000 in matching 401(k) contributions and $1,000 in life insurance premiums.
10. Paul Saleh, CSC: $4.49M
Position: Executive Vice President and Chief Financial Officer
Stock Award: $2.04M
Option Award: $1.04M
Salary: $700,000
Bonus: $700,000
Other Compensation: $6,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company's full-year revenue declined by 6.3 percent to $12.17 billion, while net income dropped 11.7 percent to $664 million.
Saleh started in this role at CSC in May 2012. CSC spun off its North American public sector business in November 2015, and in May 2016 announced plans to merge with HPE's Enterprise Services unit.
Other compensation for Saleh included $5,000 in matching 401(k) contributions and $1,000 in life insurance premiums.
9. Sander van 't Noordende, Accenture: $4.72M
Position: Group Chief Executive - Products
Stock Awards: $2.22M
Bonus: $1.36M
Salary: $1.14M
Other Compensation: $10,000
Accenture’s 2015 fiscal year ended on Aug. 31, with the company, No. 2 on the CRN SP 500, reporting a 3 percent increase in revenue to $31 billion and a 3 percent jump in net income to $3.27 billion.
Van ’T Noordende was awarded life insurance premium payments of $7,000 in 2015, as well as a $3,000 tax equalization payment under the company’s same sex medical benefit equalization policy.
As a result of the change in U.S. tax regulations regarding the taxation of benefits provided to married same sex couples, Accenture's equalization policy will no longer be necessary starting in the 2016 fiscal year.
8. Gianfranco Casati, Accenture: $4.74M
Position: Group Chief Executive - Growth Markets
Stock Awards: $2.2M
Bonus: $1.24M
Salary: $1.01M
Other Compensation: $275,000
Accenture’s 2015 fiscal year ended Aug. 31, and the company, No. 2 on the CRN SP 500, saw a 3 percent increase in revenue to $31 billion as well as a 3 percent jump in net income to $3.27 billion.
Other compensation for Casati included $273,000 for a housing allowance and maintenance costs when he was assigned to an international project during the year, as well as $2,000 in life insurance premium payments.
7. David Rowland, Accenture: $5.02M
Position: Chief Financial Officer
Stock Awards: $2.41M
Bonus: $1.46M
Salary: $1.12M
Deferred Compensation: $16,000
Other Compensation: $6,000
During Accenture’s 2015 fiscal year, which ended Aug. 31, the company saw a 3 percent increase in revenue to $31 billion, as well as a 3 percent jump in net income to $3.27 billion.
The deferred compensation figure accounts for an increase in the value of Rowland's pension plan during the 2015 fiscal year. Rowland became a participant in the pension plan before assuming a leadership role at the company, and his benefits under the plan were frozen in August 2000.
Other compensation for Rowland includes $4,000 in life insurance premium payments and $2,000 of reimbursement for excess taxes paid.
6. Romil Bahl, CSC: $5.3M
Position: Executive Vice President and General Manager, Global Industries
Stock Award: $3.93M
Salary: $607,000
Option Award: $540,000
Bonus: $202,000
Other Compensation: $28,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company's full-year revenue declined by 6.3 percent to $12.17 billion, while net income dropped 11.7 percent to $664 million.
Bahl started in this role at CSC in April 2014, and resigned his position with the company on Nov. 13, 2015, according to a U.S. Securities and Exchange Commission (SEC) filing. He is currently CEO of Detroit-based Lochbridge, a consulting and services provider specializing in the Internet of Things (IoT).
Other compensation for Bahl includes $5,000 in matching 401(k) contributions; $1,000 in life insurance premiums; and commuting expenses.
5. Paul Read, Ingram Micro: $5.83M
Position: Former President and Chief Operating Officer
Stock Award: $3.9M
Salary: $735,000
Option Award: $600,000
Bonus: $598,000
Other Compensation: $1,000
The fiscal year for Ingram Micro ended Dec. 31, with the distributor's sales falling 7.4 percent to $43.03 billion and non-GAAP net income climbing 0.7 percent to $411.5 million.
Read stands to receive a $11.76 million payout for his options, restricted stock units, shares of Ingram Micro stock and equity-based award should the proposed $6 billion acquisition by Chinese logistics firm Tianjin Tianhai go through.
Other compensation for Read includes $1,000 in health and welfare benefits.
Read stepped down as president in February, just days after the Tianjin Tianhai deal was announced, and will leave the company in September.
4. Rajeev Mehta, Cognizant: $6.54M
Position: Chief Executive Officer, IT Services
Stock Awards: $5.53M
Bonus: $650,000
Base Salary: $539,000
Other Compensation: $2,000
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31. The company reported that it had increased its revenue by 21 percent to $12.42 billion, with net income climbing 12.8 percent to $1.62 billion.
Cognizant said it expects projects to ramp up in 2016 as the outlook for its healthcare and financial sectors are improving.
Mehta was awarded $2,000 in a contribution matching his own investment into his 401(k) savings plan.
3. Gordon Coburn, Cognizant: $6.97M
Position: President
Stock Awards: $5.60M
Bonus: $740,000
Salary: $614,000
Other Compensation: $89,000
Deferred Compensation: -$76,000
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31. The company reported that it had increased its revenue by 21 percent to $12.42 billion, with net income climbing 12.8 percent to $1.62 billion.
Cognizant said it expects projects to ramp up in 2016 as the outlook for its healthcare and financial sectors are improving. Coburn's negative deferred compensation figure was due to a poor investment fund performance.
On the positive side of the ledger, Cognizant made a required $81,000 contribution to his nonqualified deferred compensation account, along with a $5,000 matching contribution to his 401(k) and a $3,000 matching contribution to his CSRP.
2. Serge Godin, CGI: $7.07M
Position: Founder and Executive Chairman of the Board
Stock Award: $5.97M
Salary: $1.06M
Other Compensation: $43,000
The fiscal year for CGI, No. 18 on the CRN SP 500, ended Sept. 30, with sales falling 2 percent to $10.29 billion and net earnings climbing 13.8 percent to $977.6 million.
Other compensation for Godin included CGI's contribution under its share purchase plan and the company's contribution toward health insurance benefits and related insurance coverage.
1. Julie Sweet & Stephen Rohleder, Accenture: $12.9M
Position: Group Chief Executive - North America
Stock Awards: $6.78M
Bonus: $3.56M
Salary: $2.27M
Other Compensation: $292,000
Accenture’s 2015 fiscal year ended Aug. 31, and the company, No. 2 on the CRN SP 500, saw a 3 percent increase in revenue to $31 billion and a 3 percent jump in net income to $3.27 billion.
Following Rohleder’s retirement from the role of group chief executive on June 1, 2015, Accenture appointed Julie Sweet (pictured) – who was formerly general counsel, secretary and chief compliance officer - to the role.
Through Accenture’s charitable gift matching program, the company matched Sweet’s $100,000 gift for the establishment of the Accenture Changemaker Fund and Rohleder’s $125,000 donation for the establishment of the Rohleder/Accenture Presidential Scholarship in Business.
Sweet and Rohleder also received $7,000 and $6,000, respectively, for tax preparation fees, while Rohleder received a $10,000 retirement gift in recognition of his 34 years of service.