Dell CMO Gets $1.25 Mil. Severance

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

Mark Jarvis left his high-profile job in style: the former Dell CMO will get a severance payment of $1.25 million, per an SEC 10K filing.

According to the filing, assuming Jarvis agrees to the terms, he will receive a payment of $625,000, an amount “designed to compensate [Jarvis] for the equivalent of one year of base salary,” and another payment of $625,000 “for the equivalent value of [Jarvis’] target incentive bonus payment for Fiscal Year 2009.”

Jarvis,

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in