CEO payday: What tech's top execs made in '09

The recession took its toll on pay for tech CEOs, but not everyone lost value.

The recession took its toll on tech CEOs' compensation in 2009, but not everyone lost. Pay for BMC CEO Robert Beauchamp more than doubled to $26.5 million, for instance, and AT&T CEO Randall Stephenson enjoyed a 35% climb to $20.3 million. Read on to find out more about the salaries, bonus, stock awards and perks that tech CEOs took home last year. Our tallies -- arranged from lowest to highest paid CEO -- are based on data included in public companies' proxy statements (DEF 14A form), as filed with the U.S. Securities and Exchange Commission. For details on how total compensation is calculated, see the last slide.

Steve Jobs took his customary $1 salary in Apple's (AAPL) 2009 fiscal year, which ended Sept. 27. During the fiscal year he received no new stock or option awards. (Jobs holds about 5.5 million shares of Apple's stock and has never sold a share since rejoining Apple in 1997.) The company, meanwhile, grew its revenue and profits by 12% and 19%, respectively, in 2009. Revenue came in at $36.5 billion, up from $32.5 billion in 2008. Net income hit $5.7 billion, up from $4.8 billion in 2008.

Steve Ballmer's pay consists of a $665,833 salary, $600,000 bonus and $10,794 in perks and other compensation. He did not receive any stock options in 2009 -- nor in 2008, when his pay package was valued at $1.4 million. Meanwhile, Microsoft (MSFT) saw its first-ever drop in annual revenue in its 2009 fiscal year, which ended June 30. Revenue came in at $58.4 billion, a decline of 3% compared to $60.4 billion in 2008. Net income fell 18% to $14.6 billion from $17.7 billion in 2008.

Michael Dell's 2009 compensation increased 5% compared to the year earlier, when his pay package totaled $2 million. He took home a $931,731 salary (down from $950,000) and $1.2 million in other compensation (nearly all of which is company-paid expenses related to Dell's personal and residential security). No stock or option awards were made to Dell during the company's 2009 fiscal year, which ended Jan. 30, 2009. Meanwhile, revenue was flat and profits fell 16% at the company. Dell reported income of $2.48 billion on revenue of $61.1 billion in 2009. In 2008, the company reported income of $2.95 billion on revenue of $61.1 billion.

Sanjay Jha, who heads Motorola's (MOT) mobile devices and home business, was awarded a compensation package valued at $3.8 million in 2009. That's just a fraction of what he was awarded in 2008, when his pay package was valued at $104.4 million thanks to an enormous sign-on bonus. In 2009 Jha received a $905,769 salary, $1.2 million cash bonus, $1.3 million in stock and option awards, and $323,366 in perks and other compensation. Meanwhile, Motorola's revenue for its fiscal year ended Dec. 31 totaled $22 billion (down 27% from $30.1 billion in 2008). Its net loss was $51 million (compared with a net loss of $4.2 billion in 2008).

Advanced Micro Devices (AMD) turned a profit in 2009 after three successive annual losses, but Dirk Meyer's total compensation fell 15% (from $5.3 million in 2008). Meyer's $4.5 million pay package includes a $792,685 salary, $45,000 bonus, $3.7 million in stock and option awards, and $7,478 in perks and other compensation. As a company, AMD reported a net profit of $304 million on revenue of $5.4 billion for the year ended Dec. 26. AMD reported a loss of $3.1 billion on revenue of $5.8 billion in 2008.

Dan Warmenhoven's 2009 compensation declined 23% from the year before, when he received a package valued at $6.1 million. But it's not down as much as NetApp's (NTAP) profit, which fell 72% during the company's 2009 fiscal year, ended April 24. NetApp reported net income of $87 million on revenue of $3.4 billion in 2009. In 2008, the company reported net income of $309.7 million on revenue of $3.3 billion. Warmenhoven's 2009 pay package includes an $859,231 salary, $535,266 bonus, $3,612 in perks and other compensation, and $3.3 million in stock and option awards. Meanwhile, Tom Georgens was appointed CEO in August, four months into NetApp's 2010 fiscal year. Warmenhoven remains chairman of the board and executive chairman of NetApp.

Shantanu Narayen's pay took a big hit in 2009, as did Adobe's (ADBE) revenue and income. Narayen received compensation in fiscal 2009 valued at $5.2 million, a drop of 68% compared to $16.4 million in 2008. His pay package includes an $875,000 salary, $4.3 million in stock and option awards (down from $14.2 million in 2008), and $7,740 in perks and other compensation. As a company, Adobe saw revenue slide 18% and its income plummet 56% during its fiscal year ended Nov. 27. Adobe recorded net income of $386.5 million on revenue of $2.9 billion in 2009. In 2008, the company reported net income of $871.8 million on revenue of $3.6 billion.

Robert Mao in his first full year as 3Com's (COMS) CEO received a pay package valued at $5.6 million (down 8% from $6.1 million in fiscal 2008). His compensation includes a $650,000 salary, $867,750 bonus, $3.9 million in stock and option awards, and $192,349 in perks and other compensation. For its fiscal year ended May 29, nearly six months before HP's $2.7 billion acquisition offer, 3Com reported net income of $114.7 million, compared to a net loss of $228.8 million in 2008. Revenue came in at $1.31 billion, a 2% increase compared to $1.29 billion a year earlier.

Ron Hovsepian's total compensation fell 17% in 2009, amid declining annual revenue and a wider net loss. His $5.7 million pay package includes a $925,036 salary, $1.28 million bonus, $3.4 million in stock and option awards, and perks and other compensation worth $119,179. Hovsepian's 2008 compensation was valued at $6.9 million. As a company, Novell (NOVL) saw revenue decline 10% and its net losses widen during its fiscal year ended October 31. For fiscal 2009, Novell recorded a net loss of $213 million on revenue of $862 million. In 2008, the company lost $9 million on revenue of $957 million.

In his first full year as Red Hat CEO, Jim Whitehurst saw the total value of his compensation climb 11% to $6.9 million, up from $6.2 million in 2008. His pay package includes a $700,000 salary, $595,000 bonus, $5.3 million in stock and option awards, and $310,439 in perks and other compensation. The company, meanwhile, grew its revenue and profits by 25% and 3%, respectively, in its 2009 fiscal year, ended Feb. 28. For the full year, total revenue was $652.6 million, up from $523 million in 2008. Net income hit $78.7 million, up from $76.7 million.

In his last year as Symantec (SYMC) CEO, John Thompson more than tripled his pay from $2.2 million in 2008 to $7.6 million in 2009. His package includes an $800,000 salary, $2.4 million bonus, $4.3 million in stock and option awards, and $81,880 in perks and other compensation. The company didnt enjoy such gains, however, in its 2009 fiscal year, which ended April 3. Revenue came in at $6.2 billion, up 5% from $5.9 billion in 2008. Symantec recorded a net loss of $6.7 billion (which includes a $7.4 billion writedown of the company's goodwill balance), compared to net income of $464 million in the prior fiscal year. Enrique Salem took over as president and CEO in April 2009, at the start of Symantec's 2010 fiscal year. Thompson remains chairman of the board.

Greg Brown, who heads Motorola's enterprise mobility solutions and networks business, was awarded a compensation package valued at $8.5 million in 2009. He received a $905,769 salary, $836,931 bonus, $6.4 million in stock and option awards (down from $22.6 million in 2008); and $359,708 in perks and other compensation. His total compensation is down 65% compared to $24.2 million in 2008. Meanwhile, Motorola's revenue fell 27% in its fiscal year ended Dec. 31. However, the company narrowed its losses significantly. Motorola reported a net loss of $51 million on revenue of $22 billion in 2009. In 2008, the company reported a net loss of $4.2 billion on revenue of $30.1 billion.

Joe Tucci's 2009 compensation took a hit amid declining profit and revenue at EMC (EMC). His $9 million package includes an $872,308 salary (down from $1 million in 2008); $1.1 bonus (down from $1.4 million a year earlier); $7 million in stock and option awards (down from $9 million in 2008); and $149,150 in perks and other compensation. Altogether, his pay is down 23% from $11.7 million in 2008. As a company, EMC saw revenue decline 6% and profit fall 15% in its fiscal year ended Dec. 31. EMC reported net income of $1.1 billion on revenue of $14 billion in 2009. In 2008, the company reported net income of $1.3 billion on revenue of $14.9 billion.

Edward Mueller saw his pay package increase 6% in 2009, while Qwest's (Q) profits grew by 1.5% and revenue fell 9%. His total compensation hit $12 million, compared to $11.3 million in 2008. Mueller's pay package includes a $1.2 million salary, $2.5 million bonus, $7.6 million in stock and option awards, and $638,109 in perks and other compensation. Qwest reported income of $662 million on revenue of $12.3 billion in the year ended Dec. 31. The year prior, Qwest reported income of $652 million on revenue of $13.5 billion.

In his last full year at CA's CEO, John Swainson saw his pay package jump 43% to $12 million, up from $8.4 million in fiscal 2008. His 2009 compensation includes his $1 million salary, $822,375 bonus, $9.9 million in stock and option awards, and $336,854 in perks and other compensation. As a company, CA saw revenue fall slightly to $4.27 billion from $4.28 billion reported in 2008. Profit, however, climbed nicely in its 2009 fiscal year ended March 31. CA reported net income of $694 million, a gain of 39% from $500 million in 2008. Swainson announced his retirement in September, and CA named his CEO successor, William McCracken, in January 2010.

John Chambers' 2009 pay package includes a $375,000 salary, $2 million bonus, $11.8 million in stock and option awards, and $9,998 in other compensation. His total package is up 15% from 2008, when he received compensation valued at $12.3 million. The company, however, saw revenue and profit fall 9% and 24%, respectively, in its 2009 fiscal year, which ended July 25. Cisco reported revenue of $36.1 billion, down from $39.5 billion a year earlier. Net income fell to $6.1 billion from $8.1 billion in 2008.

Paul Otellini's 2009 pay package includes a $1 million salary, $5.3 million bonus, $7.9 million in stock and option awards, and $290,400 in perks and other compensation. His pay totaled $14.4 million, a gain of 16% compared to $12.4 million in 2008. Meanwhile revenue and profit fell 7% and 17%, respectively, during Intel's (INTC) 2009 fiscal year ended Dec. 26. Intel reported net income of $4.4 billion on revenue of $35.1 billion in 2009. In 2008 the company reported net income of $5.3 billion on revenue of $37.6 billion.

Ivan Seidenberg's $17.5 million pay package include a $2.1 million salary, $3 million bonus, $11.1 million in stock and option awards, $880,280 in perks and other compensation, and $473,389 in deferred compensation earnings. Overall, Seidenberg's compensation declined 13% compared to his $20.2 million package in 2008. As a company, Verizon (VZ) grew revenue during its fiscal year ended Dec. 31, but its net profit fell significantly. Verizon posted 2009 revenue of $107.8 billion, up 11% over $97.1 billion reported a year earlier. Its net income came in at $10.4 billion, a decline of 18% from $12.6 billion.

Randall Stephenson's $20.3 million pay package is up 35% compared to the $15 million he received in 2008. AT&T, however, saw no such gains in its fiscal year ended Dec. 31. The company reported revenue of $123 billion in 2009, a decline of less than 1% compared to $124 billion in 2008. Net income came in at $12.8 billion, a decline of 2% compared to $13.1 billion a year earlier. Stephenson's compensation package includes a $1.5 million salary, $5.9 million bonus, $12.1 million in stock and option awards, and $864,632 in perks and other compensation.

Sam Palmisano's $21.2 million pay package includes a $1.8 million salary, $4.8 million bonus (down 14% from $5.5 million in 2008), $13.5 million in stock awards (up 11% from $12.2 million in 2008), and $1.1 million in perks and other compensation. His total compensation rose 1% compared to 2008, when his pay package was $21 million. As a company, IBM reported revenue of $95.8 billion in fiscal 2009, a decrease of 8% compared to $103.6 billion in 2008. However, Big Blue managed to grow its profit during the year ended Dec. 31. Income came in at $13.4 billion, a gain of 9% compared to $12.3 billion in 2008.

Mark Hurd's 2009 compensation fell 29% in HP's 2009 fiscal year, which ended Oct. 31. His pay includes a $1.3 million salary, $15.8 million in bonuses, and $475,192 in perks and other compensation. Hurd also received stock and option awards valued at $6.6 million when they were granted. His compensation package totaled $24.2 million, compared to $34 million in 2008. HP, meanwhile, saw declining revenue and profit in its 2009 fiscal year. HP's revenue came in at $114.6 billion, a decline of 3% compared to $118.4 billion reported a year earlier. Net income fell 8% to $7.7 billion from $8.3 billion in 2008.

Robert Beauchamp saw his compensation more than double in 2009. The vast majority of his pay package came in the form of stock and option awards, which were valued at $22.3 million when they were granted. His $950,000 salary, $3.2 million in bonuses, and $21,992 in other compensation make up the remainder. Overall, Beauchamp's 2009 package is up 135% from 2008, when he earned $11.3 million. BMC saw revenue gains during its 2009 fiscal year ended March 31, though not nearly so drastic. BMC's revenue came in at $1.9 billion, up 8% from $1.7 billion in 2008. Net income fell 24% to $238.1 million from $313.6 million a year earlier.

The bulk of Larry Ellison's 2009 pay package came in the form of option awards, which were valued at $78.4 million at the time they were granted. Ellison also received a $1 million salary, $3.6 million bonus, and $1.5 million in other compensation. His package is virtually unchanged from 2008, when his pay was valued at $84.6 million. The company, meanwhile, grew revenue and profits by 4% and 1%, respectively, in its 2009 fiscal year, which ended May 31. Revenue came in at $23.3 billion, up from $22.4 billion in 2008. Net income hit $5.6 billion, up from $5.5 billion in the prior year.

Total pay is calculated using data supplied in proxy statements (DEF 14A) filed with the U.S. Securities and Exchange Commission. The following figures are taken from the summary compensation table: salary, bonus, non-equity incentive plan compensation, non-qualified deferred compensation earnings, and all other compensation (perks). Added to those figures is the estimated value of stock options and awards granted during the year; that figure is taken from the table that summarizes grants of plan-based awards. The calculations don't include changes in the value of retention plan or pension benefits.

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The recession took its toll on tech CEOs' compensation in 2009, but not everyone lost. Pay for BMC CEO Robert Beauchamp more than doubled to $26.5 million, for instance, and AT&T CEO Randall Stephenson enjoyed a 35% climb to $20.3 million. Read on to find out more about the salaries, bonus, stock awards and perks that tech CEOs took home last year. Our tallies -- arranged from lowest to highest paid CEO -- are based on data included in public companies' proxy statements (DEF 14A form), as filed with the U.S. Securities and Exchange Commission. For details on how total compensation is calculated, see the last slide.

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