Samsung Unpacked: Everything Announced Galaxy Buds 2 Pro Preorder Galaxy Watch 5 Galaxy Z Fold 4 Dell XPS 13 Plus Review Galaxy Z Fold 4 Preorder Apple TV 4K vs. Roku Ultra Galaxy Z Flip 3 Price Cut
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Novell CEO's pay surges in 2004

Novell Chief Executive Jack Messman's pay nearly doubled in 2004 to $2.1 million, the company disclosed in a regulatory filing.

Novell Chief Executive Jack Messman's pay nearly doubled in 2004 to $2.1 million, boosted chiefly by a $967,000 bonus, the Linux and server software company disclosed in a regulatory filing Thursday. In 2003, Messman received no bonus and was paid $1.1 million.

Included in Messman's 2004 compensation was corporate aircraft use valued at $54,615, Novell said in the filing. In addition, Messman received stock options worth $3.8 million in coming years, assuming the company's stock increases in value by 5 percent per year. Novell is the No. 2 seller of Linux after Red Hat, but in its most recent quarter, only $15 million of the company's $290 million in total revenue came from the open-source operating system, a result the company called disappointing.