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Salesforce CEO Marc Benioff got a nice salary bump to $39 million

Eugene Kim   

Salesforce CEO Marc Benioff got a nice salary bump to $39 million

Marc Benioff Salesforce Portrait Illustration

Mike Nudelman/Business Insider

Salesforce CEO Marc Benioff saw a 25% bump in his salary last year, earning a total of $39 million in compensation, according to Salesforce's proxy statement released on Wednesday.

While Benioff's base salary was "only" $1.44 million, the bulk of his salary came through option awards which rose 25% to $34.4 million.

He also made roughly $1.3 million in "other" compensation, which includes what the company calls "security arrangements." In previous SEC filings, Salesforce described the arrangement as offering body guards and other physical security.

The 25% salary increase may look big at first glance, bu it matches Salesforce's performance from the past year. In its last earnings call, Salesforce said it grew its revenue 32% to $5.37 billion, which drove its stock price to an all-time high of $70.24.

"Salesforce reached $5 billion in annual revenue faster than any other enterprise software company and now it's our goal to be the fastest to reach $10 billion," Benioff said at the time.

Benioff's salary is by far the largest among all Salesforce executives. It's nearly five times bigger than what his cofounder Parker Harris made last year ($8.55 million), and almost four times its CFO's annual pay ($9.9 million).

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