John Coyne, former Western Digital CEO
Coyne’s pay package more than doubled to $17.2 million in Western Digital’s 2012 fiscal year, as did the company’s profits. Coyne, who retired in January 2013 after nearly 30 years with the company, received a $1 million salary, $6.8 million bonus, equity awards valued at $9.4 million, and $41,770 in perks and other compensation. Western Digital reported revenue of $12.5 billion, a gain of 31% compared to $9.5 billion in 2011. Net income jumped to $1.6 billion, up from $726 million a year earlier.