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NELSON’S PAY UP 11.5 PERCENT
NetSuite CEO Zach Nelson received $3.61 million in compensation for 2010, an increase of 11.5 percent from the $3.24 million for 2009. The biggest change was the $577,127 he received in non-equity compensation, a 78-percent jump from $324,311 in that category a year earlier. However, the total was still down from the $4.35 million he received in 2008. Chief technology officer and founder Evan Goldberg got $2.53 million in 2010 compensation, a rise of 8.6 percent from $2.33 million the prior year.
Chief operating officer Jim McGeever had a good year as his pay rose 50.1 percent to $2.95 million for the most recently ended year, compared to $1.97 million in 2009. CFO Ron Gill saw his pay rise to $2.04 million, a 44.6-percent increase from 2009’s $1.41 million. James Ramsey, SVP of worldwide sales and distribution, got $1.84 million for 2010, an increase of 16.3 percent from $1.57 million in 2009.
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