February 24, 2005 10:55 AM PST
Novell CEO's pay surges in 2004
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.
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