Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
3. Francisco D'Souza, Cognizant: $12.03M
Position: Chief Executive Officer
Stock Award: $10.79M
Salary: $664,000
Bonus: $450,000
Other Compensation: $123,000
D'Souza co-founded Cognizant in 1994 when it started as a division of The Dun & Bradstreet Corp., and he became CEO at the start of 2007.
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31, with sales for the Teaneck, N.J.-based company jumping 8.6 percent to $13.49 billion and net income falling 4.4 percent to $1.55 billion. Cognizant's stock fell 4.7 percent over the 2016 calendar year to $56.03 per share.
Other compensation for D'Souza included $87,000 for the provision of secure vehicles and transport; $4,000 for the use of a company administrative assistant for personal matters; $3,000 for vehicle rentals; a $1,000 401(k) matching contribution, home security services, and travel expenses for D'Souza's spouse to attend business functions.