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The 35 Most Highly Compensated Channel CEOs In 2015
Michael Novinson and Jimmy Sheridan
3. Francisco D'Souza, Cognizant: $11.95M
Stock Award : $10.48M
Bonus : $778,000
Salary : $645,000
Other Compensation : $45,000
The fiscal year for Cognizant, No. 7 on the CRN SP 500, ended Dec. 31. The company reported that it had increased its revenue by 21 percent, to $12.42 billion, with new income climbing 12.8 percent, to $1.62 billion.
Cognizant said it expects projects to ramp up in 2016 as the outlook for its health care and financial sectors are improving.
D'Souza's other compensation in 2015 included the use of an administrative assistant of the company for personal matters -- valued at $22,759 -- $21,000 of associated taxes related to those services and a $1,000 matching contribution to his 401(k) savings plan.
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