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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
With the move to the cloud, CISOs must shift priorities from operating security programs to overseeing (monitoring and auditing) outsourced cybersecurity programs.
2022 was a boon year for IT salaries. 2023 came in like a beast with layoffs, raise freezes, and ChatGPT, but that beast has few teeth.
Age is only a number. Don't let a high number cancel your career.
