Who Were The 101 Highest-Paid Channel Execs In 2016?

41. Tom Ray, CoreSite: $3.47M

Position: President and CEO

Stock Award: $2.41M

Bonus: $515,000

Salary: $402,000

Other Compensation: $144,000

Ray has been with CoreSite since its 2001 founding and was promoted to CEO in September 2010. He left the CEO role on Sept. 10, 2016, and will remain with the firm as a consultant through June 30, 2017.

The fiscal year for CoreSite, No. 71 on the CRN SP 500, ended Dec. 31, with sales for the Denver-based company climbing 20.1 percent to $400.4 million and net income increasing by 44.1 percent to $81.9 million. CoreSite's stock rose 42.2 percent over the 2016 calendar year to $79.37 per share. 

Other compensation for Ray included $133,000 for consulting services as provided under his 2016 separation agreement, as well as company contributions to 401(k) plans, life insurance premiums and parking fees.