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Short Take: 3Com CEO gets raise and increased bonus

3 Com awarded its chief executive, Eric Benhamou, a 15 percent salary increase for fiscal 1998, to $742,500. The CEO also landed a bonus of $75,008, up 77 percent from last year. However, the number of options Benhamou was granted dropped 22 percent, to 117,000. Those options carry an estimated value of $4.2 million based on 5 percent appreciation.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
awarded its chief executive, Eric Benhamou, a 15 percent salary increase for fiscal 1998, to $742,500. The CEO also landed a bonus of $75,008, up 77 percent from last year. However, the number of options Benhamou was granted dropped 22 percent, to 117,000. Those options carry an estimated value of $4.2 million based on 5 percent appreciation.