Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
4. Mike Long, Arrow Electronics: $10.32M
Position: Chairman, President and CEO
Stock Award: $4.13M
Deferred Compensation: $1.91M
Bonus: $1.75M
Option Award: $1.38M
Salary: $1.15M
Other Compensation: $13,000
Long has been with Arrow for the past 26 years and became CEO in May 2009.
The fiscal year for Arrow ended Dec. 31, with sales for the Centennial, Colo.-based distributor climbing 2.3 percent to $23.83 billion and net income jumping 5 percent to $522.8 million. Arrow's stock increased 34 percent over the 2016 calendar year to $71.30 per share.
Other compensation for Long includes a $12,000 company contribution to his 401(k) plan, as well as $1,000 of other benefits.