Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
1. Mike Lawrie, CSC: $23.82M
Position: Chairman, President and CEO
Stock Award: $16.46M
Option Award: $3.58M
Bonus: $2.23M
Salary: $1.25M
Other Compensation: $285,000
Lawrie joined CSC in March 2012 as president and CEO, and became board chairman in December 2015. He now holds the same role at DXC Technology, which formed in April 2017 from the merger of CSC and HPE Enterprise Services.
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 1, 2016, with sales for the Tysons, Va.-based company falling 12.5 percent to $7.11 billion and net income of $244 million, up from a net loss of $8 million the year prior. CSC's stock price increased 25.1 percent during the company's 2016 fiscal year to $34.27 per share.
Other compensation for Lawrie included $264,000 for personal use of company aircraft; $8,000 in matching contributions to his 401(k) plan; $2,000 in basic life insurance premiums, as well as an annual medical screening.