CEO Charles Phillips received $3.2 million for Infor's year ended April 30. The company's SEC filings show that was down sharply from $4.8 million the prior year. In fiscal 2015, he received a discretionary bonus of $2.4 million that was related to operating performance and debt refinancing transactions during the year. His salary dropped to $733,334 for the most recently ended year, down from $800,000 for fiscal 2014. However, it appears salaries were cut for all executives, except for former CFO Nicole Anasenes, who recently departed. I am assuming this reflected a move to base compensation more heavily on performance by the privately held company (However, it reports publicly.)