Total Compensation for EMC CEO Tucci in 2009: $9 Million
New COO Gelsinger got 29% more.
By Jean Jacques Maleval | March 23, 2010 at 3:22 pmThe table below summarizes the compensation information for the
executive officers of EMC Corp. for the
fiscal year ended December 31, 2009.
(in US$) | 2007 | 2008 | 2009 | 2008/09 Growth |
Jo Tucci, Chairman, President and CEO |
4,725,546 | 6,255,954 | 9,047,763 | +45% |
Dave Goulden, Executive VP and CFO | 3,166,780 | 4,100,764 | 3,421,278 | -17% |
Bill Teuber, Jr., Vice Chairman | 3,467,467 | 4,701,139 | 3,752,112 | -20% |
Howard Elias, President and COO Information Infrastructure and Cloud Services |
2,782,699 | 4,081,930 | 3,398,447 | -17% |
Patrick Gelsinger, President and COO Information Infrastructure Products |
– | – | 11,709,822 | NA |
Harry You, Executive VP | – | – | 3,923,629 | NA |
(Source: SEC Filing)
The annual salary – only – of Tucci was $872,308 in 2009 to be compared
to $1 million in 2007 and 2008. For 2009, he also got $132,650 for
personal travel on EMC-owned aircraft.
Total compensation of $9,047,763 for the CEO includes:
- Salary: $872,308
- Stock awards: $5,995,800
- Option awards: $962,085
- Non-equity incentive plan – compensation: $1,068,420
- All other – compensation: $149,150