Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
5. Bill Stone, SS&C: $9.6M
Position: Chief Executive Officer
Bonus: $6.5M
Option Award: $1.94M
Salary: $875,000
Bonus: $285,000
Stone founded SS&C Technologies 31 years ago and had served as Chairman of the Board and CEO since the company's inception.
The fiscal year for SS&C, No. 36 on the CRN SP 500, ended Dec. 31, with sales for the Windsor, Conn.-based company climbing 48.1 percent to $1.48 billion and net income soaring by 205.6 percent to $131 million. SS&C's stock sunk 14.6 percent during the 2016 calendar year to $28.60 per share.
Other compensation for Stone included $280,000 for regulatory assistance around the conversion of all his Class A non-voting stock into shares of common stock, a $4,000 contribution to his 401(k) savings plan, and life insurance premium payments.