Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Bonus Plans

5:35 PM -- If McData's John Kelley pockets the $1.125 million retention bonus offered him after the Brocade deal closes, it certainly won't be a new record for what a storage company CEO has been paid upon losing his job. It's actually a measly sum compared to other recent payouts. (See Kelley Gets 1.1M Reasons to Stay.)

Consider these:

Carly Fiorina

Package: Hewlett-Packard gave her $21 million in stock after the board booted her last year. (See Ex-CEOs Cash In.)

Extra bonus: Free publicity the same board gave her by embroiling itself in a spying scandal just as her book hit the shelves. (See Hurd Apologizes, Probe 'Disturbing' and HP Dumps Dunn, Appoints Hurd.)

Pat Martin

  • 1