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INFOR COMP BACK TO NORMAL Featured

Charles Phillips, InforCompensation for named executives for Infor dropped back to relatively normal levels for the year ended April 30, 2018. Compensation for 2017 was inflated by bonuses handed out for their work on the major investment in Infor by Koch Industries.

The company disclosed compensation recently with the filing of its Form 10-K for 2018. CEO Charles Philips was given $7.2 million for fiscal 2018 with $5.1 million in stock awards and a $1.2-million bonus related to EBITDA, revenue and bookings. The CEO’s compensation the prior year was $43.3 million, with $35.1 million from the special bonus.  Pay for CFO Kevin Samuelson for 2018 was $4.7 million, down from $12.4 million the prior year. Chief operating officer Pam Murphy was awarded slightly less than $3 million for the most recently ended year, compared to $11.6 million for fiscal 2017. The list also included the company’s two president who have left the software company. Duncan Angove, who departed on May 4, was paid $5.1 million for 2018, down from $24.9 million.  Stephen Scholl, who resigned on July 11, was given $5.6 million, compared to $25.5 million for 2017.

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