Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
39. Karen McLoughlin, Cognizant: $3.64M
Position: Chief Financial Officer
Stock Award: $2.91M
Salary: $427,000
Bonus: $289,000
Other Compensation: $8,000
McLoughlin joined Cognizant in 2003 and was promoted to the CFO role in February 2012.
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31, with sales for the Teaneck, N.J.-based company jumping 8.6 percent to $13.49 billion and net income falling 4.4 percent to $1.55 billion. Cognizant's stock fell 4.7 percent over the 2016 calendar year to $56.03 per share.
Other compensation for McLoughlin included a $5,000 matching contribution to a supplemental retirement plan open to highly-compensated Cognizant employees, as well as a $3,000 matching contribution to her 401(k) savings plan.