Sun's McNealy gets $68.6m for year's work
Big fat bonus, big fat stock options
Posted in Business, 18th September 2000 07:26 GMT
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Lucky Sun Microsystems boss Scott McNealy saw his annual bonus leap 38 per cent to $4.8 million for the fiscal year 2000.
In all, the Sun founder's salary and compensation package was worth an attractive $68.6 million for the year ended June 30. This included a base salary of $103,846, down from $116,154 the previous year, according to a preliminary proxy statement filed on Friday with the Securities and Exchange Commission.
He also got options for 500,000 shares in the Palo Alto, California company - valued at more than $63.7 million, Reuters reported.
In the 1999 fiscal year McNealy got a salary, bonus and compensation package totalling $3.7 million and options for 200,000 shares. ®
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