Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
55. Paul Hermelin, Capgemini: $2.75M
Position: Group Chairman and CEO
Base Salary: $1.58M
Other Compensation: $622,000
Bonus: $549,000
Hermelin joined Capgemini 24 years ago and became CEO at the start of 2002.
The fiscal year for Capgemini, No. 6 on the CRN SP 500, ended Dec. 31, with sales for the Paris-based company climbing 5.2 percent to $13.63 billion and net profit plummeting by 18 percent to $1 billion. Capgemini's stock price slipped 5.9 percent over the 2016 calendar year to $87.12 per share.
Variable compensation for Hermelin included both financial objectives around revenue, operating income, pre-tax net profits and free cash flow, as well as individual objectives around the integration of iGate, talent development, account centricity, and industrialization.