Huge Pay Package of World’s Leading Tech CEOs in 2010

in Technology
The compensation that CEOs of the world’s leading tech companies like Apple, Dell, Google, Microsoft, Research in Motion and Oracle receiving in a fiscal year always attracts attention of many people. Let's discover interesting numbers about the salaries, bonuses, stock awards and perks that some tech CEOs took home in 2010.
 
Michael Dell
 
The pay package of Michael Dell, started the PC maker in his dorm room nearly 30 years ago, reduced from $2.1 million in 2009 to $963,623 in 2010. It included his $950,000 salary as well as $13,623 in perks and other compensation. He got no stock or option awards. His company, whose 2010 fiscal year ended Jan. 29, 2010, witnessed revenue falling 13% to $52.9 billion from $61.1 billion in 2009 while net income fell 42% to $1.4 billion from $2.5 billion in 2009.


Michael Dell didn't receive any equity awards or bonuses in the 2010 fiscal year

Michael Dell didn't receive any equity awards or bonuses in the 2010 fiscal year

 

Steve Jobs

In 2010, Apple CEO Steve Jobs refused to receive new stocks, option awards, bonuses or perks except for his customary $1 salary. He holds about 5.5 million shares of Apple's stock and has never sold a share since rejoining Apple in 1997. According to the company’s proxy statement, his total compensation is only $1 per year.


It is believed that Mr. Jobs's level of stock ownership significantly aligns his interests with shareholders' interests

It is believed that Mr. Jobs's level of stock ownership significantly aligns his interests with shareholders' interests

 

Eric Schmidt

Eric Schmidt received a pay package worth $313,219, up 28% from $245,322 in 2009, in his final full year as Google CEO including customary $1 salary, $311,433 in perks, a $1,785 cash bonus and other compensation. Google, meanwhile, reported $29.3 billion in revenue, up from $23.7 billion in 2009.


Eric Schmidt also awarded a $100 million stock package

Eric Schmidt also awarded a $100 million stock package

 

Steve Ballmer

Microsoft CEO Steve Ballmer in 2010 received a pay package of $670,000 salary, $670,000 cash bonus, as well as $11,121 in perks and other compensation, increased 6% to $1.4 million from $1.3 million in 2009. His company’s revenue hit $62.5 billion, up 7% from $58.4 billion in 2009 in the 2010 fiscal year that ended on June 30.


Ballmer didn't receive any new equity awards in 2010

Ballmer didn't receive any new equity awards in 2010

 

Jim Balsillie and Mike Lazaridis

The two co-CEOs of Research in Motion, Jim Balsillie and Mike Lazaridis, received identical pay packages including a $1.1 million salary; $987,931 performance-based cash bonus; stock awards valued at $2.5 million; $9,443 for retirement pension savings as well as $9,893 in perks and other compensation.


While RIM's CEO pay packages declined slightly, the BlackBerry maker achieved revenue and income increases of 35% and 30%, respectively, in its fiscal year ended Feb. 27, 2010

While RIM's CEO pay packages declined slightly, the BlackBerry maker achieved revenue and income increases of 35% and 30%, respectively, in its fiscal year ended on Feb. 27, 2010

 

Larry Ellison

Larry Ellison’s 2010 pay package included a $250,001 salary, option awards valued at $61.9 million (down from $78.4 million in 2009), a $6.5 million performance-based cash bonus as well as $1.5 million in perks and other compensation. His company grew revenue 15% from $23.3 billion in 2009 to $26.8 billion in 2010 in its fiscal year ended May 31.


Larry Ellison often ranks among the highest-paid tech CEOs

Larry Ellison often ranks among the highest-paid tech CEOs

 

Related articles:

Wives of Tech CEOs

Luxury Houses of CEOs

CEOs saw drops in their 2009 total compensation

Author Box
Phillips Crook has 372 articles online and 5 fans

Jason Ford works as a web developer and an editor of a weekly technology magazine. With the passion in technology, he has published numerous articles to provide readers reliable information about technology products and hot technology events around the world.

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Huge Pay Package of World’s Leading Tech CEOs in 2010

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This article was published on 2011/05/08