His base went to $475,000, an increase of 29 percent from $380,000. Nelson's new base of $575,000 is 15-percent higher than the prior $500,000. I keep thinking that Nelson's quip to McGeever from the stage at last year's SuiteWorld conference in May about "when you are running the company" looks like a potential succession strategy. Marc Huffman, president of worldwide sales and distribution, saw his base rise 9.7 percent to $329,000 from $300,000. CFO Ron Gill's new pay of $372,000 is 7.8 percent up from $345,000. Chief technology officer and founder Evan Goldberg sees his base salary increase to $425,000, an increase of 6.3 percent from $400,000. This is Huffman's first year as a named executive. He replaced Tim Dilley, the former EVP of worldwide services and chief customer officer, who left in October after working for NetSuite from January 2007.
NETSUITE UPS EXECS' BASE PAY Featured
NetSuite has raised the base salary of its five top executives effective April 1. In a filing with the SEC this week, the cloud software company reported the figures, whose major impact will be to raise the target incentives each of these individuals is eligible to receive for 2016. Not surprisingly, the largest increase went to president and COO James McGeever, who took over the president's job from CEO Zach Nelson in July.
