Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
34. Tim McGrath, Connection: $3.87M
Position: President and CEO
Stock Award: $1.98M
Salary: $943,000
Bonus: $939,000
Other Compensation: $4,000
McGrath joined Connection 12 years ago and became CEO in August 2011. Before that, he was Insight North America's executive vice president of sales.
The fiscal year for Connection, No. 21 on the CRN SP 500, ended Dec. 31, with sales for the Merrimack, N.H.-based company growing 4.6 percent to $2.69 billion and net income inching ahead 2.7 percent to $48.1 million. Connection's stock price increased by 26.4 percent over the 2016 calendar year to $28.09 per share.
Other compensation for McGrath included $4,000 in contributions to his 401(k) plan.