The highest-paid software executive of 2017? That was Gary Norcross, chief executive of Fidelity National Information Services Inc., at $29.1 million.
Fidelity National, also known as FIS, is a bank-technology provider. Mr. Norcross has led the Jacksonville, Fla.-based company since January 2015. His total compensation increased 46% from $20 million the previous year, according to regulatory filings. The company’s total shareholder return, which reflects share-price appreciation and dividends, was 26% last year.
A spokeswoman said $11.1 million of Mr. Norcross’s pay last year included a special bonus for integrating SunGard, which FIS acquired in late 2015. She said most of his pay is tied closely to performance and aligned with shareholder interests.
The median pay figure for the software and services industry, which included 24 full-year CEOs as of April 30, was $10.7 million, below the overall median of $12.1 million for full-year CEOs at all S&P 500 companies, according to a Journal analysis of proxy filings by S&P 500 firms. Median total return for software companies was 33%, compared with about 19% overall.
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