Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
36. Rich Hume, Tech Data: $3.68M
Position: EVP, Chief Operating Officer
Stock Award: $2.22M
Bonus: $723,000
Salary: $548,000
Other Compensation: $184,000
Hume joined Tech Data in his current role in March 2016. Before that, he spent more than three decades at IBM, culminating in oversight of infrastructure and outsourcing efforts.
The fiscal year for Tech Data ended Jan. 31, with sales for the Clearwater, Fla.-based distributor dipping 0.5 percent to $26.23 billion and net income plummeting 26.6 percent to $195.1 million. Tech Data's stock catapulted 35.3 percent during the company's 2017 fiscal year to $85.56 per share.
Other compensation for Hume included $158,000 in relocation benefits, as well as $6,000 for guest travel, food, lodging, participant activities or gifts in connection with business-related events.
Hume also received a $20,000 Executive Choice Plan benefit, which can be used for tax and estate counseling, individual insurance premiums, personal and professional development expenses, and club memberships.