Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
57. Frank Khulusi, PCM: $2.64M
Position: Chairman of the Board and CEO
Bonus: $981,000
Stock Award: $904,000
Salary: $750,000
Other Compensation: $6,000
Khulusi co-founded PCM three decades ago and has served as its chairman and CEO since then.
The fiscal year for PCM, No. 28 on the CRN SP 500, ended Dec. 31, with sales for the El Segundo, Calif.-based company jumping 35.4 percent to $2.25 billion and a reported net income of $17.6 million, up from a net loss of $18.3 million last year. PCM's stock priced soared 129.8 percent during the 2016 calendar year to $22.50 per share.
Other compensation for Khulusi included a company-matched 401(k) contribution on his behalf, as well as a company-sponsored award trip.