Bill Nuti, NCR CEO, made $16.8M in 2007, a 141% increase
Bill Nuti, NCR's CEO, made $16.8M in total compensation in 2007, an increase of 141% over 2006 (which was $6.8M).
In 2007, NCR closed facilities in Scotland and Canada, outsourcing some manufacturing (Solectron/Flextronics in the USA) or moving it to low cost countries (Hungary, India). Moreover, the Customer Engineers had their pay and benefits slashed severely. In 2008, there is a hiring freeze in effect, as well as coop student hiring freeze. Many employees also got a zero % increase for 2008.
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