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Technology Stocks : All About Sun Microsystems

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To: Mark O. Halverson who wrote (64695)9/24/2008 6:14:34 PM
From: alydar  Read Replies (2) of 64865
 
Sun Microsystems Inc. Chief Executive Jonathan Schwartz's total compensation package for 2008 was $11.1 million, according to reports Wednesday.

Associated Press reported that the complete package for Santa Clara-based Sun's (NASDAQ: JAVA) CEO represents a 44 percent increase over his $7.7 million compensation the year before.

Schwartz's $1 million base salary is the same as it was in 2007, but on top of that his bonus was $1.04 instead of an earlier $2 million target because of disappointing performance by the company in two quarters.

Other perks Schwartz received included $52,000 for a chauffeur.
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