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Short Take: Dell CEO gets a raise

Dell CEO Michael Dell received a hefty compensation increase in 1998, as the computer maker's financial performance improved last year. Dell received a 40 percent increase for annual compensation, according to an SEC filing. He received a 14.5 percent salary increase, to $788,462; a 53 percent bonus increase, to $2 million; and other compensation of $12,409. Like the previous year, he also received 3.2 million options.

Dell CEO Michael Dell received a hefty compensation increase in 1998, as the computer maker's financial performance improved last year. Dell received a 40 percent increase for annual compensation, according to an SEC filing. He received a 14.5 percent salary increase, to $788,462; a 53 percent bonus increase, to $2 million; and other compensation of $12,409. Like the previous year, he also received 3.2 million options.