25. Richard Leeds, Systemax: $876,000
Other Compensation: $25,000
The fiscal year for Systemax, No. 19 on the CRN SP500, ended Dec. 31. The company's full-year revenue increased 2.7 percent to $3.44 billion, while net loss improved from $43.8 million in 2013 to $37.5 million in 2014.
Systemax's compensation committee awarded Leeds a bonus of $801,000, but Leeds requested that his bonus be lowered by $651,000. The company announced in March that it plans to close 31 of its 34 retail stores as part of a $50 million to $55 million restructuring, which will affect 1,500 of Systemax's 4,000 North American employees.
Leeds' other compensation consisted entirely of auto-related expenses.