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The 35 Most Highly Compensated Channel CEOs In 2015
Michael Novinson and Jimmy Sheridan
4. Michael Long, Arrow Electronics: $10.46M
Stock Award: $3.94M
Deferred Compensation: $2.43M
Option Award: $1.31M
Base Salary: $1.15M
Other Compensation: $28,000
The fiscal year for Arrow Electronics ended Dec. 31, with the distributor's sales inching up by 2 percent, to $23.28 billion, and adjusted net income dipping by 0.1 percent, to $592.3 million.
Other compensation for Long includes $15,000 for personal use of the corporate jet, a $12,000 corporate contribution toward his 401(k) plan, a $1,000 taxable portion of a company vacation and $1,000 for spousal participation in board meeting events.