Updated Jun. 22, 2015 at 10:33 a.m.

Premium Lock Red Hat pays hefty price for new CFO: $4M signing bonus, $9M in stock, $500,000 to move

Published: 2015-06-22 10:25:00
Updated: 2015-06-22 10:33:34

Frank Caldceroni Frank Calderoni
Tags: Red Hat

How badly did red Hat want Frank Calderoni, the former chief financial officer of Cisco, to become its new CFO? Try $13.5 million in cash and stock - plus an annual salary of $685,000 and an annual bonus potentially matching that salary....

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I am in the wrong business
It's no wonder he's smiling ear to ear in that photo.
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