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The 35 Most Highly Compensated Channel CEOs In 2015

The 35 highest-paid CEOs from publicly traded solution providers and distributors raked in nearly $168 million of compensation last year. Which top executive made the most money?

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26. Michael McAndrew, Black Box Network Services: $2.31M

Stock Award: $1.1 million

Salary: $550,000

Option Award: $463,000

Bonus: $176,000

Other Compensation: $29,000

Deferred Compensation: $13,000

The fiscal year for Black Box Network Services, No. 37 on the CRN SP 500, ended March 31, 2015, with the company reporting a 2 percent bump in revenues, to $992.4 million, and a profit of $15.3 million, compared with a loss of $115.9 million in 2014.

The company began a bumpy restructuring in 2014 that resulted in the replacement of 30 percent of the sales staff. McAndrew announced in December 2015 that he would be stepping down as CEO, and was replaced in early 2016 by E.C. Sykes.

Other compensation for McAndrew includes $28,000 in contributions to the NTCA retirement plan and additional payments on life insurance premiums.

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