Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
29. Paul Szurek, CoreSite: $4.12M
Position: President and CEO
Stock Award: $3.32M
Bonus: $493,000
Salary: $246,000
Other Compensation: $56,000
Szurek has served as a CoreSite director since September 2010 and moved into the CEO role in September 2016.
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 price rose by 42.2 percent over the 2016 calendar year to $79.37 per share.
Other compensation for Szurek included $56,000 for relocation assistance, as well as company contributions to 401(k) plans, life insurance premiums and parking fees.