Tech's biggest CEO raises and pay cuts

Half of the CEO pay packages we analyzed grew in value from 2014 to 2015.

biggest ceo raises and pay cuts intro

Ups and downs of CEO pay

Median pay among 62 tech CEOs was $10.6 million last year, down from $11.5 million in 2014. Some tech leaders netted big gains while others saw their compensation slashed. Here are the six most drastic pay raises and six largest losses.

RELATED: 20 highest paid tech CEOs | single-page chart of 62 tech CEOs' total pay

jim whitehurst

Jim Whitehurst, CEO and president, Red Hat

Whitehurst’s $16.7 million pay package is more than double the $6.7 million he received in 2014. The biggest gains came from stock awards: He received stock awards valued at $13.5 million in 2015, compared to $4.7 million in 2014. Whitehurst’s performance-based bonus also grew by more than $1 million.

Salary: $900,000
Bonus: $2,282,711
Stock awards: $13,528,096
Perks and other compensation: $10,713
2015 TOTAL PAY: $16,721,520

mark templeton

Mark Templeton, former CEO and president, Citrix

Templeton’s compensation doubled last year to $15.8 million, up from $7.9 million in 2014. Templeton, who spent 20 years with Citrix, announced plans to retire last July. The biggest boost to his fiscal 2015 compensation package was a $4.3 million retention bonus. Additional gains came from stock awards: Templeton received stock awards valued at $8.8 million in 2015, compared to $6 million in 2014.

Salary: $740,057
Bonus: $1,147,197
Stock awards: $8,781,788
Perks and other compensation: $5,175,727
2015 TOTAL PAY: $15,844,769

pat gelsinger

Pat Gelsinger, CEO, VMware

A boost in equity awards drove Gelsinger’s 2015 pay package to $14.4 million, up 68% from $8.5 million a year earlier. His stock awards in 2015 were valued at $11.9 million, compared to $6.2 million in 2014.

Salary: $1,000,000
Bonus: $1,444,400
Stock awards: $11,904,314
Perks and other compensation: $10,479
2015 TOTAL PAY: $14,359,193

greg brown

Greg Brown, CEO and chairman, Motorola Solutions

A $3.9 million performance-based bonus helped push Brown’s 2015 pay package to $13.3 million – a gain of 67% compared to a year earlier, when his compensation was valued at $8 million.

Salary: $1,250,000
Bonus: $3,900,000
Stock awards: $2,312,480
Option awards: $5,440,430
Perks and other compensation: $372,415
2015 TOTAL PAY: $13,275,325

safra catz

Safra Catz, CEO, Oracle

Catz was named co-CEO during Oracle’s 2015 fiscal year, and her pay reflects the promotion. She received compensation valued at $53.2 million, a gain of 41% compared to the prior year. Nearly all of Catz’s compensation came in the form of stock and option awards valued at $52.3 million.

Salary: $950,000
Stock awards: $27,625,625
Option awards: $24,647,250
Perks and other compensation: $20,795
2015 TOTAL PAY: $53,243,670

mark hurd

Mark Hurd, CEO, Oracle

Like his co-CEO, Hurd received a $53.2 million pay package – up 41% from $37.7 million in 2014 – that consisted nearly entirely of stock and option awards (with the exception of a $950,000 salary and miscellaneous perks.)

Salary: $950,000
Stock awards: $27,625,625
Option awards: $24,647,250
Perks and other compensation: $22,253
2015 TOTAL PAY: $53,245,128

william taylor rhodes

Taylor Rhodes, CEO and president, Rackspace

Rhodes’ stock awards were cut in half in 2015, which led to a 45% pay cut for the Rackspace CEO. He received a $6.9 million pay package, which included stock awards valued at $5.5 million. The prior year, his $12.5 million pay package included $10.9 million in stock awards.

Salary: $702,606
Bonus: $718,463
Stock awards: $5,499,969
Perks and other compensation: $14,984
2015 TOTAL PAY: $6,936,022

ursula burns

Ursula Burns, CEO and chairman, Xerox

Burns saw her total compensation cut in half last year. In 2015, she received a pay package valued at $10.6 million, down from $22.2 million a year earlier. The drop in total pay was largely due to a decrease in equity awards. In 2015, Burns received stock awards valued at $8 million, compared to $15.5 million a year earlier. In addition, Burns’ 2014 pay included $3.4 million attributed to a change in pension value.

Salary: $1,100,000
Bonus: $1,166,453
Stock awards: $8,000,004
Perks and other compensation: $346,633
2015 TOTAL PAY: $10,613,090

paul ricci

Paul Ricci, CEO, Nuance

A drop in stock awards led to a 52% pay cut for Ricci last year. His total pay in 2015 was valued at $8.6 million, down from $18 million in 2014.

Salary: $800,000
Bonus: $1,200,000
Stock awards: $6,361,500
Perks and other compensation: $199,943
2015 TOTAL PAY: $8,561,443

hok tan

Hock Tan, CEO and president, Broadcom Ltd.

A 77% pay cut took Tan’s compensation to $4 million last year, down from $17.2 million in 2014. Tan received no new stock or option awards in 2015. A year earlier, he’d been granted option awards valued at $14.5 million.

Salary: $910,461
Bonus: $3,061,384
Perks and other compensation: $53,923
2015 TOTAL PAY: $4,025,768

satya nadella

Satya Nadella, CEO, Microsoft

Nadella’s pay spiked to $84.3 million in 2014, the year he was named Microsoft CEO. Last year, his compensation went the other direction, declining 78% to $18.3 million. The difference is due to equity awards: Nadella received stock awards valued at $12.8 million in 2015, down from $79.8 million in 2014.

Salary: $1,200,000
Bonus: $4,320,000
Stock awards: $12,761,263
Perks and other compensation: $13,007
2015 TOTAL PAY: $18,294,270

steve mollenkopf

Steve Mollenkopf, CEO, Qualcomm

Mollenkopf’s compensation took the most extreme nosedive, percentage-wise. The Qualcomm CEO was paid $10.4 million in 2015, down 83% from $60.7 million in 2014. The $50 million plunge is related to the value of the stock awards he received: $8 million in 2015 compared to $58 million the prior year.

Salary: $1,141,886
Bonus: $1,025,000
Stock awards: $8,000,034
Perks and other compensation: $205,405
2015 TOTAL PAY: $10,372,325