NETSUITE EXECS CLEAN UP BIG TIME
- Friday, 01 May 2015
- News and Analysis
If people have wondered what the NetSuite board thinks of the company's growth strategy, all they have do is read the annual proxy. I think we can say executives will be in a good mood when the cloud company's SuiteWorld conference convenes next week in San Jose, Calif. Named executives saw compensation for 2014 skyrocket as the company rewarded them with stock awards that more than double their totals. CEO Zach Nelson received $31.6 million in compensation last year, up from $12.5 million in 2013 with a stock award of $28.3 million providing the push in the most recently completed year.
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