Sun's McNealy gets $68.6m for year's work
PrintBig fat bonus, big fat stock options
Posted in Business, 18th September 2000 07:26 GMT
Free whitepaper – Dell PowerEdge servers 2009 - Memory
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. ®
Related Stories
Sun versus Intel: war declared
What's making Sun a stellar success?
Sun shines as toothsome McNealy uses bottom word
Free whitepaper – Blade learning lab and technical community
Analyst Keynote: The Register Agile Data Center Summit
Automating the Acquisition Process with Enterprise Level CRM
Checklist: Midmarket ERP Solutions
Analyst Keynote: The Register Agile Data Center Summit
Hosted CRM Can Be Your Secret Weapon to Success!
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter