Who Were The 101 Highest-Paid Channel Execs In 2016?
Submitted by Michael Novinson on
16. Ashok Vemuri, Xerox Services: $5.48M
Position: Executive Vice President; CEO, Xerox Services
Stock Award: $2.5M
Bonus: $2.45M
Salary: $504,000
Other Compensation: $22,000
Vemuri joined Xerox in July 2016 to lead its business process outsourcing unit, which separated from Xerox on Jan. 1 and was renamed Conduent.
The fiscal year for Xerox Services, No. 9 on the CRN SP 500, ended Dec. 31, with sales for the Norwalk, Conn.-based business unit falling 4 percent to $6.41 billion and net loss increasing by 137 percent to $983 million.
Other compensation for Vemuri included the cost of personal security installation, secure transportation, executive protection, physical inspection and electronic analysis, as well as the cost of identity and credit fraud protection.