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The 35 Most Highly Compensated Channel CEOs In 2015
Michael Novinson and Jimmy Sheridan
2. Mike Lawrie, CSC: $15.45M
Stock Award: $8.61M
Option Award: $3.26M
Other Compensation: $451,000
The fiscal year for CSC, No. 8 on the CRN SP 500, ended April 3, 2015. The company’s full-year revenue declined by 6.3 percent, to $12.17 billion, while net income dropped 11.7 percent, to $664 million.
CSC spun off its North American public sector business in November 2015, which merged with U.S. government solution provider SRA to become CSRA. Lawrie remained in charge of CSC's global and commercial business, which retained the CSC moniker.
Other compensation for Lawrie included $362,000 for fuel, onboard catering and landing fees associated with his use of company aircraft; $54,000 for commuting expenses; $8,000 in matching 401(k) contributions; $2,000 in life insurance premiums; housing expenses; and an annual medical screening.