Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
59. Kevin Warren, Xerox Services: $2.6M
Position: President, Commercial Business Group
Stock Award: $1.49M
Salary: $484,000
Bonus: $363,000
Deferred Compensation: $142,000
Other Compensation: $121,000
Warren has spent 33 years at Xerox, and was moved into the commercial business group presidency at the start of 2016. He left the business process outsourcing practice – which became Conduent – in late 2016 and took over as chief commercial officer for Xerox's document technology business.
The fiscal year for Xerox Services, No. 9 on the CRN SP 500, ended Dec. 31, with sales for the Norwalk, Conn.-based business unit falling 4 percent to $6.41 billion and net loss increasing by 137 percent to $983 million.
Other compensation for Warren included $97,000 in relocation expense reimbursements, a $12,000 march under the company's supplemental savings plan, an $8,000 company match under the 401(k) savings plan, and $4,000 in life insurance premiums paid by the company.