Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
93. Roger Keith Modder, Virtusa: $1.75M
Position: EVP, and Chief Operating Officer
Stock Award: $1.3M
Salary: $257,000
Bonus: $93,000
Other Compensation: $89,000
Deferred Compensation: $8,000
Modder joined Virtusa 16 years ago, and was elevated to the COO role in May 2011.
The fiscal year for Virtusa, No. 59 on the CRN SP 500, ended March 31, 2016, with sales for the Westborough, Mass.-based company jumping 25.3 percent to $600.3 million and net income jumping 5.6 percent to $44.8 million. Virtusa's stock fell 9.1 percent during the company's 2016 fiscal year to $37.46 per share.
Other compensation for Modder included a $39,000 contribution to his retirement trust funds, $29,000 for a company-paid vehicle, a $14,000 company-paid health insurance premium, $6,000 of company-owned auto expenses, and $1,000 for golf and athletic club memberships.