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Michael Dell suffered pay cut

Haven't we all?
Tue Jun 02 2009, 12:18

TINMAN Michael Dell lost $200,000 worth of compensation last year as his outfit failed to make as much cash as it did the year before.

Despite that, he still banked a total of $2.13 million in fiscal 2009 according to a regulatory filing.

Reuters reports that Dell's offficial salary was $931,731, which made for a pay cut. The year before he earned $950,000.

Dell didn't collect any bonus, although he received about $17,000 of equity option awards and $1.8 million of "other" compensation, primarily for security. A lack of job security is what thousands of Dell workers suffered from last year, but they didn't get compensation for it. µ

 

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This is the part....

This is the part of the comments section where I don't feel bad for Mike Dell. $200,000 less of Millions still leaves you with Millions.

Cry me a river Mikey.

posted by : Axiomatic, 04 June 2009 Complain about this comment
God Forbid

Looks like he might have to start blowing his nose with Hamiltons, instead of Benjamins. I won't lose any sleep.

posted by : Phoenix, 04 June 2009 Complain about this comment
Michael may be out of a job?

With the worldwide collapse of the auto industry and economies in Europe, the U.S. and Asia, Michael Dull may be out of a job as Dull will lose millions of PC sales and leases.

posted by : Bama, 03 June 2009 Complain about this comment
Poor guy

Poor guy

posted by : Anonymous, 02 June 2009 Complain about this comment
What should we expect?

He is the boss...

posted by : Javier Mena, 02 June 2009 Complain about this comment
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