• 12/31/2004
    6:00 PM
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2004 Top Ten: CEO Payouts

At least five storage CEOs are taking home seven-figure bonuses. Can you name them?
While youre making those belt-tightening New Year’s resolutions, figuring out how you’ll pay for your holiday splurge and ruing the size of your Christmas bonus, perhaps you'd be interested in how some storage CEOs are doing financially.

At least five top executives at pure-play storage companies grabbed seven-figure salary/bonus compensation during the lastest pay periods on record, according to SEC filings -- and that's not counting stock options.

Note that some of the figures below represent 2003 earnings reported in 2004, so in 2005 we may see even bigger figures. Following, in descending order from least to most astonishing, is our take on who got top earnings reports this year -- sometimes in spite of their companies' performance:

No. 10: Joe Tucci, EMC

The EMC Corp. (NYSE: EMC) boss earned $1 million in salary, and a $1.71 million bonus for 2003, which was reported in 2004. That bonus, by the way, was less than the bonsues paid to CEOs of Storage Technology Corp. (StorageTek) (NYSE: STK) and Veritas Software Corp. (Nasdaq: VRTS) -- more on those in a minute -- although Tucci at least matched their $1 million base salary (see Tucci's Touch of Gold).

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