#4: Michael Smerklo
Compensation: $14.4 million
Company Net Income: -$43 million
Stock Return: -62.7%
At first glance, it almost seems like we should cut ServiceSource International (SREV) some slack. The service revenue management company has only been public since April of 2011 — making it a relatively new kid on the block — while, last year, it did report record revenue that represented growth of 19% year-over-year.
But the bottom line is that … well … the bottom line matters. And unfortunately, that was anything but pretty. ServiceSource ended the year $43 million in the red — a loss of 58 cents per share compared with a profit the year before.
That translated to a stock slide of 63%. Meanwhile, Smerklo took home over $14 million.
The good news: Smerklo and ServiceSource have been back on track this year. The stock is up an eye-popping 85% year-to-date. Still, that rocketing climb has essentially put the stock back at ground zero. It went public at $10 per share and, after a rollercoaster ride, is trading for $10.83.