COMPENSATION FOR TOP NETSUITE EXECS DROPS

Pay for the two top executives at NetSuite, CEO Zach Nelson and founder and chairman Evan Goldberg, fell from the clouds in 2009 as the value of stock awards plunged and option awards were down, but not quite as sharply. Nelson received $3.24 million in compensation last year, down from $4.35 million for 2008. That was primarily due to the fact that he received $1.68 million in stocks awards last year, down 45.4 percent from the prior year. Read more...

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