Dell CEO's Salary Jumps

The top executives of Dell(DELL Quote) enjoyed multimillion-dollar options giveaways last year, on top of pay raises, a filing with the Securities and Exchange Commission showed Monday. But unlike other corporate fat cats, Dell's honchos can say they substantially boosted profit and revenue.

CEO Michael Dell earned $3.4 million in the year ended Jan. 31, 2003, up substantially from $1.2 million the year before. Most of the CEO's salary gain reflects a bonus of $2.5 million, compared to a bonus of only about $347,000 the prior year, according to the SEC filing. Dell also saw a slight rise in salary, up 2.5% to $950,000.

That's a little above the median tech CEO salary of $800,000, according to an Equilar survey of 57 companies with sales of more than $1 billion. ...