Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
66. Phil Norton, ePlus: $2.48M
Position: Chairman of the Board, President and CEO
Stock Award: $901,000
Bonus: $806,000
Salary: $767,000
Other Compensation: $8,000
Norton joined ePlus as CEO and chairman of the board in March 1993. He shifted to the newly-created executive chairman position on Aug. 1, 2016.
The fiscal year for ePlus, No. 34 on the CRN SP 500, ended March 31, 2016, with sales for the Herndon, Va.-based company climbing 5.3 percent to $1.2 billion and net earnings dipping 2.4 percent to $44.7 million. ePlus's stock fell 9.3 percent to $80.51 per share.
Other compensation for Norton included $4,000 covering travel, meals and entertainment costs for his family to attend a sales meeting for high-performing employees; $3,000 for an employer 401(k) match; and $1,000 for an annual executive physical.