Channel programs News
The 35 Most Highly Compensated Channel CEOs In 2015
Michael Novinson and Jimmy Sheridan
25. Brian Clark & Charles Narang, NCI: $2.7M
Total Compensation: Clark: $2.16M; Narang: $545,000
Stock Award: Clark: $1.1 million; Narang: None
Salary: Clark: $477,000; Narang: $442,000
Bonus: Clark: $587,000; Narang: $75,000
Other Compensation: Clark: $10,000; Narang: $29,000
The fiscal year for NCI, No. 72 on the CRN SP 500 list, ended Dec. 31. The company reported a 5.1 percent increase in sales, to $333.1 million, and a 43.5 percent jump in net income, to $12.2 million.
Clark took over as president and CEO on Oct. 1, replacing Narang. As a result of the promotion, Clark's salary increased from $473,000 to $500,000.
Other compensation for Narang included payments on an automobile lease, 401(k) matching and excess group life insurance payments.
Clark and Narang each received cash bonuses -- $100,000 and $75,000, respectively -- for their performance during the Computech acquisition in early 2015.