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In Pictures: CIO payday - who took home the big money

Fortune 500 CIOs and IT SVPs netted multi-million dollar compensation packages in 2011.

  • CIOs and senior IT leaders have ascended the ranks of corporate America, and in some cases, they rate among the most highly paid executives at the largest U.S. companies. Network World examined the proxy statements of the Fortune 500 and found 2011 compensation data for 27 senior IT executives at public companies including Aetna, FedEx, Home Depot, UPS and Walgreens. Read on for a snapshot of what each senior IT leader’s pay packages is worth, once the salaries, bonuses, stock options and perks are tallied. Disclaimer: Our feature provides details on pay packages for 27 senior IT executives at Fortune 500 companies, but it's not a ranking of the highest paid CIOs and IT executives.

  • Publix Super Markets: Laurie Douglas, SVP and CIO Salary: $555,075 Performance-based cash bonus: $118,459 Perks and other compensation: $21,580 Total 2011 compensation: $695,114

  • Insight Enterprises: Mike Guggemos, CIO Salary: $330,000 Stock awards: $375,010 Performance-based cash bonus: $226,203 Perks and other compensation: $11,581 Total 2011 compensation: $942,794

  • Nash Finch: Cal Sihilling, EVP and CIO Salary: $381,488 Stock awards: $206,896 Performance-based cash bonus: $223,841 Nonqualified deferred compensation earnings: $3,133 Perks and other compensation: $98,147 Total 2011 compensation: $913,505

  • United Stationers: David Bent, SVP eBusiness services and corporate CIO Salary: $346,058 Stock awards: $482,040 Performance-based cash bonus: $119,030 Change in pension value: $10,878 Perks and other compensation: $31,909 Total 2011 compensation: $989,915

  • The Pantry: Paul Lemerise, SVP and CIO Salary: $280,771 Stock awards: $520,605 Option awards: $36,300 Performance-based cash bonus: $137,967 Perks and other compensation: $20,121 Total 2011 compensation: $995,764

  • LabCorp: Lidia Fonseca, SVP and CIO Salary: $344,687 Stock awards: $299,442 Option awards: $214,812 Performance-based cash bonus: $278,723 Change in pension value: $15,295 Perks and other compensation: $21,350 Total 2011 compensation: $1,174,309

  • Kindred Healthcare: Richard Chapman, EVP, CAO and CIO Salary: $419,335 Bonus: $100,000 Stock awards: $593,195 Performance-based cash bonus: $623,469 Nonqualified deferred compensation earnings: $4,494 Perks and other compensation: $3,688 Total 2011 compensation: $1,744,181

  • Centene: Don Imholz, EVP and CIO Salary: $422,000 Bonus: $465,000 Stock awards: $726,400 Performance-based cash bonus: $147,000 Perks and other compensation: $23,153 Total 2011 compensation: $1,783,553

  • Sprint Nextel: Bob Johnson, chief service and IT officer Salary: $486,308 Bonus: $123,842 Stock awards: $372,019 Option awards: $256,780 Performance-based cash bonus: $718,990 Perks and other compensation: $47,578 Total 2011 compensation: $2,005,517

  • Avon: Donagh Herlihy, SVP and CIO Salary: $510,000 Bonus: $3,691 Stock awards: $1,548,103 Nonqualified deferred compensation earnings: $36,875 Perks and other compensation: $39,560 Total 2011 compensation: $2,138,229

  • AutoZone: Bill Giles, EVP finance, IT & store development and CFO Salary: $487,692 Stock awards: $7,633 Option awards: $919,610 Performance-based cash bonus: $740,683 Perks and other compensation: $55,013 Total 2011 compensation: $2,210,631

  • Big Lots: Lisa Bachmann, EVP supply chain management and CIO Salary: $529,615 Stock awards: $1,233,600 Option awards: $582,000 Perks and other compensation: $33,887 Total 2011 compensation: $2,379,102

  • Ameriprise Financial: Glen Salow, former EVP, service delivery and technology Salary: $575,000 Performance-based cash bonus: $1,701,000 Change in pension value: $312,393 Perks and other compensation: $56,102 Total 2011 compensation: $2,644,495

  • WellPoint: Lori Beer, EVP enterprise business services Salary: $600,000 Stock awards: $1,136,044 Option awards: $284,044 Performance-based cash bonus: $605,205 Change in pension value: $2,012 Perks and other compensation: $80,857 Total 2011 compensation: $2,708,162

  • SunTrust Banks: Tim Sullivan, former EVP and CIO Salary: $487,158 Stock awards: $1,386,251 Option awards: $264,635 Performance-based cash bonus: $317,871 Change in pension value: $289,027 Perks and other compensation: $32,163 Total 2011 compensation: $2,777,105

  • UPS: Dave Barnes, SVP and CIO Salary: $418,137 Stock awards: $1,566,642 Option awards: $132,558 Performance-based cash bonus: $186,386 Change in pension value: $485,169 Perks and other compensation: $14,648 Total 2011 compensation: $2,803,540

  • Walgreens: Tim Theriault, SVP and CIO Salary: $638,333 Stock awards: $1,120,263 Option awards: $391,192 Performance-based cash bonus: $655,504 Nonqualified deferred compensation earnings: $2,225 Perks and other compensation: $83,995 Total 2011 compensation: $2,891,512

  • Allstate: Suren Gupta, EVP technology & operations Salary: $383,654 Bonus: $350,000 Stock awards: $674,991 Option awards: $975,004 Performance-based cash bonus: $500,000 Perks and other compensation: $18,896 Total 2011 compensation: $2,902,545

  • Gap: Tom Keiser, EVP and CIO Salary: $655,769 Stock awards: $1,255,672 Option awards: $317,412 Performance-based cash bonus: $464,220 Perks and other compensation: $241,699 Total 2011 compensation: $2,934,772

  • Lowe’s: Mike Brown, former EVP and CIO Salary: $615,000 Stock awards: $1,269,300 Option awards: $737,730 Performance-based cash bonus: $478,495 Perks and other compensation: $65,581 Total 2011 compensation: $3,166,106

  • FedEx: Rob Carter, EVP information services and CIO Salary: $735,955 Stock awards: $625,520 Option awards: $617,338 Performance-based cash bonus: $213,629 Change in pension value: $568,557 Perks and other compensation: $450,194 Total 2011 compensation: $3,211,193

  • The Home Depot: Matt Carey, EVP and CIO Salary: $629,615 Stock awards: $1,128,189 Option awards: $656,249 Performance-based cash bonus: $709,389 Perks and other compensation: $100,681 Total 2011 compensation: $3,224,123

  • Norfolk Southern: Deb Butler, EVP planning and CIO Salary: $500,000 Stock awards: $1,253,896 Option awards: $422,940 Performance-based cash bonus: $434,400 Change in pension value: $1,268,173 Perks and other compensation: $83,309 Total 2011 compensation: $3,962,718

  • Aetna: Meg McCarthy, EVP operations and technology Salary: $610,962 Stock awards: $2,770,593 Performance-based cash bonus: $935,763 Change in pension value: $4,283 Perks and other compensation: $170,831 Total 2011 compensation: $4,492,432

  • Coventry Health Care: Harvey DeMovick, EVP customer services organization and IT Salary: $600,000 Stock awards: $3,122,061 Performance-based cash bonus: $750,000 Perks and other compensation: $66,882 Total 2011 compensation: $4,538,943

  • United: Keith Halbert, former EVP and CIO Salary: $191,667 Stock awards: $1,625,111 Perks and other compensation: $3,177,939 Total 2011 compensation: $4,994,717

  • American Express: Steve Squeri, group president, global corporate services Salary: $1,000,000 Bonus: $4,000,000 Stock awards: $1,468,261 Option awards: $531,725 Performance-based cash bonus: $1,200,000 Change in pension value: $81,999 Perks and other compensation: $341,383 Total 2011 compensation: $8,623,368

  • CIO pay disclosures This feature provides details on 2011 pay packages for 27 CIOs and senior IT executives at Fortune 500 companies, but it's not a ranking of the highest paid IT executives. A public company is only obligated to report the compensation of its principal executive officer, principal financial officer and three most highly compensated officers. If a senior IT leader ranks among a company's three most highly paid executives, that executive’s compensation is reported in the organization's proxy statement. A CIO might have earned a multimillion-dollar pay package, but if more than three executives at the company topped that amount, that IT leader's pay is not disclosed. There are undoubtedly higher paid IT chiefs whose compensation is not publicly reported.

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