Top VMware execs score $42m in total pay amid 'unprecedented Broadcom uncertainty,' board says

"The Compensation Committee took into consideration the leadership impact in achieving operating plans and MBOs during a challenging period of uncertainty associated with the acquisition"

clock • 2 min read
Top VMware execs score $42m in total pay amid 'unprecedented Broadcom uncertainty,' board says

VMware's top executives will take home a combined $42.4m (£33.34m) in total compensation in 2023 as the team toiled last year against "unprecedented corporate uncertainty" brought about by the stil...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Broadcom forces AWS to stop reselling VMware Cloud offering

Vendor

“VMware Cloud on AWS is no longer directly sold by AWS or its channel partners. It’s that simple,” says Broadcom CEO Hock Tan

clock 08 May 2024 • 3 min read
Broadcom tells partner negotiating for charity 'VMware is not for everybody'

Vendor

“The statement that came back to me from Broadcom was, ‘We appreciate that with these changes VMware is not for everybody,’” says Tom Smyth, head of technical solutions as Misco. “Everyone else can use it. Broadcom is not going to gear its decisions towards them anymore. … I can appreciate that. I can respect their decisions. It’s not something I would do personally.”

clock 24 April 2024 • 5 min read
HPE gets Broadcom VMware OEM deal to rival Dell VxRail

Vendor

HPE granted temporary VMware OEM license to offer alternative hyperconverged solutions

clock 17 April 2024 • 5 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Amazon CEO: 5 big trends fueling 'multi-billion-dollar' AI AWS sales

Amazon CEO: 5 big trends fueling 'multi-billion-dollar' AI AWS sales

From Amazon Q and SageMaker to customer buying trends in 2024, Amazon CEO Andy Jassy explains why AI has already generated “a multibillion-dollar revenue run rate” for his company

Mark Haranas
clock 10 May 2024 • 5 min read
Boomi acquires APIIDA's federated API management business to unify API lifecycle

Boomi acquires APIIDA's federated API management business to unify API lifecycle

The acquisition aims to consolidate API products within a single end-to-end platform

Andrea Gaini
clock 09 May 2024 • 2 min read
SoftBank in advanced talks to buy British AI chip designer Graphcore: report

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

Dylan Martin
clock 09 May 2024 • 2 min read