10 biggest tech CEO pay raises
Which tech leaders received the most generous pay hikes in 2013?
By Ann Bednarz | Network World US | Published: 05:19, 03 June 2014
Avaya CEO Kevin Kennedy got a fivefold pay increase last year. Sprint more than quadrupled Dan Hesse’s package. Which other tech CEOs saw dramatic pay jumps in 2013? We examined 62 tech CEOs’ total compensation -- including salary, bonuses, stock awards, and perks -- and found 10 who landed the biggest raises.
Percentage-wise, Kevin Kennedy’s raise is the most jaw dropping at 454%. His $7.4 million compensation was more than five times the value of his 2012 pay, which came in at $1.3 million. The dollar amount difference is slightly more than $6 million. Kennedy’s 2013 pay package included his $1.3 million salary, $3.2 million in bonuses, stock awards valued at $2.6 million, and $17,571 in perks and other compensation. In 2012, Avaya didn’t give any equity awards or cash bonuses to Kennedy.
CEO and president, Avaya