Salesforce CEO Marc Benioff got a nice salary bump to $39 million
Mike Nudelman/Business Insider
While Benioff's base salary was "only" $1.44 million, the bulk of his salary came through option awards which rose 25% to $34.4 million.
He also made roughly $1.3 million in "other" compensation, which includes what the company calls "security arrangements." In previous SEC filings, Salesforce described the arrangement as offering body guards and other physical security.
The 25% salary increase may look big at first glance, bu it matches Salesforce's performance from the past year. In its last earnings call, Salesforce said it grew its revenue 32% to $5.37 billion, which drove its stock price to an all-time high of $70.24.
"Salesforce reached $5 billion in annual revenue faster than any other enterprise software company and now it's our goal to be the fastest to reach $10 billion," Benioff said at the time.
Benioff's salary is by far the largest among all Salesforce executives. It's nearly five times bigger than what his cofounder Parker Harris made last year ($8.55 million), and almost four times its CFO's annual pay ($9.9 million).
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