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NETSUITE EXECS CLEANED UP IN 2103 Featured

James McGeever, NetSuite Hefty stock and option awards more than doubled the compensation for three top NetSuite executives in 2013. That included CEO Zach Nelson whose $12.8 million in compensation last year compared to $5.8 million for 2012. The overwhelming part of the increase came from $9.8 million in stock awards up from $4.3 million in 2012. Nelson also received $1.6 million in option awards, up from almost $680,000 in the same category. The same kind of boost was given to CFO James McGeever, whose haul last year was $8.7 million, up from $3.7 million.

His stock award was $6.5 million, compared to $2.7 million in 2012, and his $1.4 million option award was almost $1 million higher than the prior year. CFO Ron Gill saw his total hit $4.6 million in 2103, up from just under $2 million. Gill had a $3.4-million stock award, up from $1.2 million, and an option award of $658,673, up from $260,788. Chief technology Evan Goldberg had the smallest increase with total compensation of $5.3 million, an increase of 28 percent from $4.2 million in 2012. His stock award was $4.2 million, a rise of 36.5 percent from $3.1 million.

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