Business

EMC CEO Tucci earned $13.2 million in 2011

Chief executive Joe Tucci

Data storage giant EMC Corp.’s chief executive, Joe Tucci, was paid more than $13.2 million in 2011, around $700,000 more than he made in the previous year, according to company documents filed with the Securities and Exchange Commission on Wednesday. The compensation included a salary of $1 million, roughly $10 million in stock and options awards, as well as incentive payments of $2.1 million in cash, according to the filing.

Included among other compensation for the year was $110,000 for air travel.

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In January, Tucci said that he was delaying a planned retirement until 2013 at the urging of the EMC board of directors and senior managers.

Hopkinton-based EMC earned a record $832 million in the fourth quarter of 2011, compared with $628.6 million for the same period in 2010. For the full year, revenue was up 18 percent to $20 billion, with net income at $2.5 billion, a 30 percent increase.

EMC did not respond to calls for comment.

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