Former Insight Enterprises chief Richard Fennessy pocketed more than $6m last year, after being handed a huge severance package.
Documents recently filed with the US Securities and Exchange Commission reveal Fennessy was paid just over $6.2m (£4m) in 2009 by the Arizona-based resale titan. His base salary of $513,461 was supplemented by $360,261 worth of stock awards and $829,963 from Insight's non-equity incentive plan.
Fennessy left his post as chief executive in September to "pursue other opportunities". The company's board also claimed it was the right time to consider changing leadership. Anthony Ibargüen led the company until the end of the year, at which point ex-Tech Data executive Kenneth Lamneck took the reins.
Fennessy's "other compensation" for 2009 is listed as being more than $4.5m, the vast majority of which came from a hefty severance package. This brings the overall 2009 total to about $250,000 more than the $5.95m he banked in the previous year.
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