In less interesting news, Michael Dell took an $11M pay cut this year assumedly to help offset the cost of the EMC acquisition for $67B dollars. If you’re concerned for his well-being he still took home over $2M in January 2016.
What I found most interesting about this news is that part of the filing for the Dell/EMC merger, or acquisition or whatever it is…is that if Michael Dell’s position is ever eliminated he will receive a compensation package of $46M. While thse numbers probably aren’t crazy in the tech world, this is absolutely outlandish to me.
It seems almost laughable that M. Dell could cut $11M out of his salary, yet Dell only made $3B on the sale of it’s entire Perot Services.