Qualcomm CEO's pay jumps 23% to $21.7 million
- 20 January, 2012 07:26
- Comments
Qualcomm CEO Paul Jacobs received compensation valued at $21.72 million last year, according to documents filed yesterday with the U.S. Securities and Exchange Commission. His total package is up 23% from 2010, when he netted compensation worth $17.63 million.
CEO PAYDAY: What tech's top execs raked in for 2010
Jacobs' total compensation for 2011 included his $1.15 million salary, which is nearly equivalent to his 2010 salary, and a $5.5 million cash bonus, which is up 63% from the $3.37 million bonus he received in 2010. Another boost to his pay came in the form of stock awards valued at $14.32 million, which is up 16% from the $12.38 million in equity awards he received a year earlier.
Jacobs also received $742,288 in perks and other compensation. His perks included: $228,817 for personal use of corporate aircraft; $395,337 for a retirement matching contribution plan; $75,000 for a charitable match; $25,000 for financial planning; and $18,134 for insurance premiums and matching 401(k) contributions.
In its 2011 fiscal year, which ended Sept. 25, Qualcomm's revenue grew to $14.96 billion, representing a 36% increase over the prior year's $10.98 billion revenue. Net income grew to $4.24 billion, a gain of 31% compared to $3.25 billion in 2010.
Jacobs' total pay is calculated using data supplied in a proxy statement filed with the SEC on Jan. 18. The following figures are taken from the summary compensation table: salary, bonus, stock awards, non-equity incentive place compensation (performance-based cash bonus) and all other compensation. The estimated value of equity awards represents the grant date fair value for stock awards and stock options granted during the fiscal year.
Ann Bednarz covers IT careers, outsourcing and Internet culture for Network World. Follow Ann on Twitter @annbednarz and check out her blog, Occupational Hazards. Her email address is abednarz@nww.com.
Read more about data center in Network World's Data Center section.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
- Bookmark this page
- Share this article
- Got more on this story? Email CIO
- Follow CIO on twitter
-
Swedish e-commerce startup's execs linked to NYC sex crime
-
Face Time - Interview with John Brennan and Robert DiStefano
-
How to implement next-generation storage infrastructure for Big Data
-
Pfizer's Future Depends on IT Transformation
-
Pfizer's Future Depends on IT Transformation
-
Security Threat Report 2012
This threat report shares the latest research on hacktivism, online threats, mobile malware, cloud computing, and social network security looking ahead to the coming year. -
How progressive companies are using social technologies
Social networks and collaborative technologies are now commonplace in many workplaces. Having first been used “on the quiet” by highly-networked employees, in increasing numbers they are now being proactively used by businesses keen to connect more effectively with their internal and external audiences. Web collaboration is now viewed as critical to company success and as having multiple benefits and applications to the business. Read on. -
Webcast: Innovation Driving UC Everywhere: From Mobile to the Cloud and Beyond
Polycom announced it is acquiring HP's Visual Collaboration Business Unit, including HP's Halo products and Managed Services, and the two companies have entered into a deep strategic agreement through which Polycom will become HP's exclusive partner for telepresence and video UC solutions. This will create an end-to-end UC solution that will deliver to our joint customers an unparalleled user experience, interoperability, investment protection, and ease of deployment. Watch this webcast.
-
Mastering Enterprise Javabeans, Third Edition
-
Communications Systems and Networks, 3rd Edition
-
Antipatterns
-
Excel 2003 Power Programming with VBA
-
Starting an Online Business All-In-One Desk Reference for Dummies
-
Professional Cocoa Application Security
-
Professional PHP Design Patterns
-
Streaming Media Bible
-
Windows XP Secrets








Comments
Post new comment