arun murthy leaving cloudera
It was 3 a.m., and an ad-targeting application at Yahoo, where he worked as an engineer, was running too slow. Wasted enought time of company with immature decisions. Lifted by the 10% sales increase Cloudera logged during the second quarter, the companys adjusted earnings per share. Cocktail Mixers Rank # 1 Boscoli family Dirty Martini mixer, leaving the guesswork out of 5 stars on Since the date of our review change without notice ) 934-9080 discounted pricing and exceptional customer service cocktail onions and Want your Martini and shake before using the Juice, Water & amp ; cocktail Drop has been the perfect balan . Company to divert from, terminate, limit or in any manner fail to enter into any actual or potential business relationship with the Company. Cloudera, believes that data can make what is impossible today, possible tomorrow. endstream Arun Murthy received compensation valued at about $4,011,220 in 2021 after becoming Chief Product Officer. Around the time he was being accepted by UC as well as Indiana's honors program, a leader in the company's investment division brought him over to that side of the business, which quickly began to shape . Mr. Murthy entered into a Separation Agreement with the Company pursuant to which, in exchange for a release of claims, he is entitled to a one-time cash severance payment of $2,120,000, less withholding obligations. This information is derived from proxy statements filed for the 2020 fiscal year.. Hear the latest economic, business and market news, as well as global, national, and local news. Customer Service. endobj ' Zk! $l$T4QOt"y\b)AI&NI$R$)TIj"]&=&!:dGrY@^O$ _%?P(&OJEBN9J@y@yCR nXZOD}J}/G3k{%Ow_.'_!JQ@SVF=IEbbbb5Q%O@%!ByM:e0G7 e%e[(R0`3R46i^)*n*|"fLUomO0j&jajj.w_4zj=U45n4hZZZ^0Tf%9->=cXgN]. The estimated Net Worth of Arun Murthy is at least $11.4 Million dollars as of 7 July 2021. The new accusations take the number of charges against Ng to 19. we equip you to harness the power of disruptive innovation, at work and at home. 14 0 obj Facebook hfmJ46 You can see the complete history of Mr. Murthy stock trades at the bottom of the page. He was one of the founders of Hortonworks and has spent well over a decade in the open source big data industry. Common terms and phrases. Cloudera shareholders have approved the deal. other compensation of $5,000 . Facebook, Go to company page Most recently he sold 79,913 units of CLDR stock worth $1,256,232 on 7 July 2021. . 12 0 obj FV>2 u/_$\BCv< 5]s.,4&yUx~xw-bEDCHGKwFGEGME{EEKX,YFZ ={$vrK Rocketreach finds email, phone & social media for 450M+ professionals. [-120 -183 870 893] /ItalicAngle 0 /Ascent 650 /Descent -350 /CapHeight 614 Search for jobs related to Arun murthy cloudera or hire on the world's largest freelancing marketplace with 20m+ jobs. Arun Murthy is 38, he's been the Chief Product Officer of Cloudera Inc since 2019. There are 2 executives at Cloudera Inc getting paid more, with JamesFrankola having the highest compensation of $8,365,100. Also it was a company that felt high on its supply- not many original ideas from them . He was one of the founders of Hortonworks and has spent well over a decade in the open source big data industry. to invest more heavily in expanding its software-as-a-service capabilities. The oldest executive at Cloudera Inc is PaulCormier, 63, who is the Independent Director. All rights reserved. Ive been having a blast showing CDP to [], Contact Us Over the last 6 years, insiders at Cloudera Inc have traded over $490,498,962 worth of Cloudera Inc stock and bought 2,443,914 units worth $26,393,970 Thats because Cloudera is soon set to become a private company and will no longer have to disclose earnings data publicly. In a statement, Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately. #ETDataCon #ETUnWired | Join us as we welcome Arun C Murthy - Chief Product Officer, Cloudera as one of the eminent speakers for an engaging session on 'Addressing the Paradox of Public Cloud & Data. . 0 535 0 0 0 0 0 0 0 439 492 442 492 453 258 488 483 192 192 446 192 713 483 Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. The acquisition was. Arun Murthy Chief Product Officer. In addition, he makes $5,972,920 as Chief Product Officer at Cloudera Inc. Wallmine is a radically better financial terminal. Compared with last year, subscription revenue rose 11%, which helped lift Clouderas annualized recurring revenue by 13%, to $832 million. (Issuer) SEC.report. The current estimated net worth of Cloudera, Inc's Chief Product Officer, Arun Murthy, is estimated to be about $13.6M . Most of the companys revenue came from its subscription-based data management and analytics products, which generated sales of $213.3 million. Apache Hadoop and associated open source project names are trademarks of the Apache Software Foundation. Mr. Frankola joined the company in 2012. What is Arun. Already a member? Arun Murthy Arun was chief product o!icer at Hortonworks, prior to its merger with Cloudera, leading engineering and R&D e!orts across the company's entire portfolio. Eventador, based in Austin, TX, was founded by Erik Beebe and Kenny Gorman in 2016 to address a fundamental business problem make it simpler to build streaming applications built on real-time data. Arun has made over 10 trades of the Cloudera Inc stock since 2019, according to the Form 4 filled with the SEC. Arun Murthy Net Worth The estimated Net Worth of Arun Murthy is at least Cloudera Inc stock worth over $1,456,545 and over the last 3 years he sold CLDR stock worth over $4,018,151. Arun was chief product officer at Hortonworks, prior to its merger with Cloudera, leading engineering and R&D efforts across the company's entire portfolio. endobj endobj We are thrilled to announce that Cloudera has acquired Eventador, a provider of cloud-native services for enterprise-grade stream processing. Reveal contact info Contact details Work email a*****@cloude***.com Valid Reveal Latest update September 26, 2021 Location Santa Clara, California, United States Arun's current employer Export Hortonworks Website hortonworks.com Industry Plus, 60% off clearance with American Eagle promo code, Michaels coupon code for senior - Extra 10% off, FTC Plan to Ban Noncompete Clauses Shifts Companies Focus, Greta Thunberg Detained by Police in Germany During Mine Protest, Bonds Over Stocks: The New 60-40 Portfolio, Rebellion Against Higher Prices Helps Slow Inflation, Deal Slump Dents Profits at Goldman Sachs, Morgan Stanley, Opinion: The Hard Reality of a Debt-Ceiling Showdown, Opinion: Ph.D. Students of the World, Unite, Opinion: Wisconsin Bids for a Flat Income Tax, Opinion: How the Gas Stove in Your Kitchen Became a Symbol of Freedom. It was a good riddance. On August 30, 2021, the Company also announced that Arun Murthy has resigned as Chief Product Officer, effective as August 30, 2021. << /Length 16 0 R /Subtype /Type1C /Filter /FlateDecode >> At Hortonworks, Mr. Murthy led engineering and research and development efforts. Rob was almost crying talking about ACM leaving immediately. Detailed CDP and CML pricing information can be found here. x}U]o6|K$YI+$gPz}`$"I>~hOKJ.I=40gIQ4H|>tYd3wvLd)4w"1K(*B:p*RX7 W+|\\/GXG|uVzE`\bB9a?/"xT5M^6| /]CncL ~ 1cz[V55]]cqNZ Arun was chief product officer at Hortonworks, prior to its merger with Cloudera, leading engineering and R&D efforts across the company's entire portfolio. Specifically, the company is. Cloudera to be acquired, turned private by CD&R, KKR in $5.3 billion deal, Do Not Sell or Share My Personal Information. 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Arun Murthy Net Worth The estimated Net Worth of Arun Murthy is at least Cloudera Inc stock worth over 1,456,545$ and over the last 4 years he sold . Its believed that Cloudera may make certain changes to its product strategy under the ownership of KKR and CD&R. arun murthy leaving cloudera. Form 3 (Reporting) Published: 2019-01-07 21:46:42 Submitted: 2019-01-07 Filing Agent: Broadridge Financial Solutions, Inc./FA . Arun Murthy leaving cloudera Cloudera uint8_t Aug 30, 2021 9 Comments #tech #cloudera Anyone know why hortonworks cofounder Arun Murthy quit effective immediately? As the Chief Product Officer of Cloudera Inc, the total compensation of Arun Murthy at Cloudera Inc is $5,972,920. CML is charged by the hour and starts at $0.68/hr per instance. 2612 Cloudera has already started moving in that direction: The company announced the purchase of two SaaS startups the same day its acquisition by KKR and CD&R was made public. In total, Arun Murthy has made about 21 transactions over 2 years of their time at Cloudera, Inc. A message from John Furrier, co-founder of SiliconANGLE: Show your support for our mission by joining our Cube Club and Cube Event Community of experts. << /Type /FontDescriptor /FontName /XXUJJW+Calibre-Light /Flags 32 /FontBBox Insider Trading Report. Cloudera, Inc's most recent insider trade came on September 21, 2021 by Arun Murthy made $5,972,916 in total compensation as Chief Product Officer at Cloudera Inc in 2020.$592,000 was received as Total Cash, $5,380,283 was received as Equity and $633 was received as Pension and other forms of compensation. Arun. May be the PE wanted him out asap and have the new people start working on the new strategy immediately. Aug 30, 2021 Bookmark. We really want to hear from you, and were looking forward to seeing you at the event and in theCUBE Club. C/O CLOUDERA INC. 5470 GREAT AMERICA PKWY (Street) SANTA CLARA: CA: 95054 (City) (State) (Zip) 2. Form 3 filed by Cloudera, Inc. with the security and exchange commission. Mr. Murthy owns over 79,913 units of Cloudera Inc stock worth over $1,456,545 and over the last 4 years he sold CLDR stock worth over $4,018,151. There was a time Hadoop had the same hype that ML had, they failed to capitalize on it imo. I acknowledge that this employment relationship may be terminated at any time, with or without good cause or for any or no cause, at the option either of the Company or myself, with or without notice. Arun Murthy Net Worth 2022 and insider trades. CDP also includes an array of tools for performing the complex data preparations that have to be carried out before a companys business information can be used in analytics and machine learning projects. Arun has made over 10 trades of the Cloudera Inc stock since 2019, according to the Form 4 filled with the SEC. Cloudera Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He has worked on Apache Hadoop since its inception in 2006 and remains an Apache Hadoop Project Management Committee (PMC . Specifically, the company is expected to invest more heavily in expanding its software-as-a-service capabilities. Issuer Name and Ticker or Trading Symbol . The other acquisition was Datacoral Inc., whose SaaS platform helps enterprises pull data into their analysis tools. 2 0 obj Kevin Cook, Clouderas current vice president of finance, has been appointed to succeed Frankola as CFO. other earnings, plans or compensations of $266,760 , and Arun Murthy Chief Product Officer More by this author: October 12, 2020| Business Cloudera acquires Eventador to accelerate Stream Processing in Public & Hybrid Clouds We are thrilled to announce that Cloudera has acquired Eventador, a provider of cloud-native services for enterprise-grade stream processing. 11 0 obj In his keynote at Strata 2019 in New York City, Arun Murthy, Cloudera's Chief Product Officer, introduces Cloudera Data Platform (CDP), the world's first enterprise data cloud. Click here to join the free and open Startup Showcase event. You will be charged On the day Clouderas sale to KKR and CD&R was made public, the company announced two acquisitions that will expand its product portfolio to yet more data processing tasks. Arun has made over 10 trades of the Cloudera Inc stock since 2019, according to the Form 4 filled with the SEC. 15 0 obj xwTS7" %z ;HQIP&vDF)VdTG"cEb PQDEk 5Yg} PtX4X\XffGD=H.d,P&s"7C$ 5G arrives: Understanding what it means for you, Software development: Emerging trends and changing roles. Game Changers is a documentary series profiling some of the worlds most influential, determined, hard-working visionaries who are disrupting their industries. Cloudera wrapped up its second fiscal quarter ended July 31 with revenue of $236.1 million, 10% higher than the companys sales a year earlier and about 4% better than what analysts polled by Zacks were expecting. $1.75M . Source: https://www.sec.gov/Archives/edgar/data/1535379/000162828021007729/cldr-2021proxystatement.htm. /Tc3 10 0 R /Tc1 8 0 R >> >> Find Arun C Murthy's email address, contact information, LinkedIn, Twitter, other social media and more. For several years now, Cloudera has stopped marketing itself as a Hadoop company, but instead as an enterprise data Big Data 7 min read Arun C Murthy 3.1K Followers CPO, @cloudera .. On average, Cloudera Inc executives and independent directors trade stock every 9 days with the average trade being worth of $4,456,365. Go to company page Photos: Nathan G./Mint. Apache Hadoop YARN - ResourceManager As previously described . It has the power to transform our businesses and even the way we live. (a)During the period of my Relationship with the Company as an employee, officer and/or director and for a period of twelve (12) months thereafter I shall not solicit the employment of any person who shall then be employed by the Company (as an employee or consultant) or who shall have been employed by the Company (as an employee or consultant) within the prior twelve (12) month period, on behalf of myself or any other person, firm, corporation, association or other entity, directly or indirectly. 1,280 3 9. Cloudera also said Arun Murthy, chief product officer, will leave the company effective immediately. Arun Limited preview - 2008. E6S2)212 "l+&Y4P%\%g|eTI (L 0_&l2E 9r9h xgIbifSb1+MxL0oE%YmhYh~S=zU&AYl/ $ZU m@O l^'lsk.+7o9V;?#I3eEKDd9i,UQ h6'~khu_ }9PIo= C#$n?z}[1 by Zacks were expecting. endobj Michael Hollison who sold 110,126 units worth CDP is the product suite that encompasses Clouderas flagship data management and analytics solutions. Scott Reasoner, Chief Accounting Officer, As a condition of my employment with Cloudera, Inc., its subsidiaries, affiliates, successors or assigns (together, the ". Supercloud plugs hyperscaler holes triggered by heightened capabilities, Supercloud forecast: the new data architecture requirements, Googles Nest division reportedly developing location tracking tag, Supercloud debate offers insight into key choices confronting enterprise IT, Supercloud aims to fill the void of an absent security architecture through zero-trust concept, Microsoft makes Azure OpenAI Service generally available, EMERGING TECH - BY VICTOR DABRINZE . The most recent stock trade was executed by Robert G Bearden on 8 October 2021, trading 976,004 units of CLDR stock currently worth $15,606,304. In this interview, Arun C Murthy talks about Hortonworks, Open Source and beyond. by Mr. Murthy has worked on Apache Hadoop since its inception in 2006 and remains an Apache Hadoop Project Management Committee member. He has worked on Apache Hadoop since its inception in 2006 and remains an Apache Hadoop Project Management Committee (PMC . and bought an estimated value of $266.84M worth of shares. 0 0 0 0 0 0 0 579 0 575 602 0 0 0 649 0 0 0 0 729 0 0 529 0 549 0 0 0 0 0 %K7GswA$7nqk;hh5h:* * $-;{(adlQ4%1f^|Oqy!^qOs Cv9^0s"hVj&1+*N dpO*aP v;7)w>CB A1vjp zN6p\W pG@ https://sec.report/Document/0001628280-21-017747/. As of 7 July 2021 he still owns at least 91,091 units of Cloudera Inc stock. Cloudera Machine Learning with new MLOps features and Cloudera SDX for models is available on CDP for both Microsoft Azure and Amazon Web Services as an integral part of the Cloudera Machine Learning platform. Organization Name . Data analytics provider Cloudera Inc. today, Cloudera is being taken off the New York Stock Exchange by private equity firms KKR and CD&R in a deal worth $5.3 billion. The culprit: a piece of software that tapped . Y*hhm_=qz%VA4a&5b^Br/V+hm_^#h w4n]_bFCQCQ3NQ"tV*,_crQv9gTYl9g9;p"J[BkBy#pHj{@eW3 ,O/d0,-'+6}B@allwI:wrXL0Y2\ Tw0|LGCsz8J74B $+A0"y05mS$J9^?m News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. << /Type /Page /Parent 3 0 R /Resources 6 0 R /Contents 4 0 R >> Eventador, based in Austin, TX, was founded by Erik . In the last 2 years at Cloudera, Inc, Arun Murthy has sold an estimated value of $12.33M worth. Prior to co-founding Hortonworks, Mr. Murthy was one of the original members of the Hadoop team at Yahoo Inc. (now Altaba Inc.). Arun Murthy-CPO and co-founder of Hortonworks-who will also serve as CPO at Cloudera after the merger is complete-recently shared his thoughts on what's ahead for 2019. The earnings surprise was the result of a significant increase in adjusted income from operations, which totaled $44.5 million at the end of the second quarter versus $29.8 million a year earlier. Most of the companys revenue came from its subscription-based data management and analytics products, which generated sales of $213.3 million. I've an interview scheduled up with cloudera Release Engineering team. Cloudera has surpassed the Zacks earnings per share in each of the past four quarters. - Arun Murthy - Hadoop World 2010 (20) Hadoop And Their Ecosystem ppt sunera pathan 8.8k views Hadoop And Their Ecosystem sunera pathan 399 views Hadoop Kartik Kalpande Patil 272 views INTRODUCTION TO BIG DATA HADOOP Krishna Sujeer 155 views Hadoop Primer Steve Staso 532 views Hadoop training TIB Academy Definitely not a normal thing. 4.0,` 3p H.Hi@A> endobj endobj MURTHY ARUN. Arun Murthy has participated in 2 events. Of this total $380,000 was received as a salary, $266,760 was received as a bonus, $0 was received in stock options, $3,359,460 was awarded as stock and $5,000 came from other types of compensation. And with Cloudera's Shared Data Experience (SDX), the security and governance capabilities in CDP, IT . xey Xv3]I4*c'1n1KE7vFPATE4bVIL4& 0 "F5z?MnXj43Su:yQ1Z5Rg=%:~sVKt]x[yQjF.ri3{7kl^C_kkm3jJ. Cloudera. Arun Murthy is the Chief Product Officer at Cloudera. Kevin Cook,. In addition, he makes $5,972,920 as Chief Product Officer at Cloudera Inc. Wallmine is a radically better financial terminal. Companies; Documents; Forms; Alerts; Stock Ticker Lookup . Arun C Murthy Ex-CPO, Cloudera; Ex-CPO & Co-Founder Hortonworks Palo Alto, California, United States 3K followers 500+ connections Join to connect N/A Websites Hadoop Developer/Committer. For a complete list of trademarks, click here. Cloudera 3 9 Want to comment? In the last 4 years, insiders at Cloudera, Inc have sold an estimated value of $1.43B Try for free at rocketreach.co . There are 12 older and no younger executives at Cloudera Inc. Go to company page Lifted by the 10% sales increase Cloudera logged during the second quarter, the companys adjusted earnings per share vaulted past the Zacks consensus estimate of eight cents to reach 15 cents. You may cancel your subscription at anytime by calling 3 HOURS AGO, [the voice of enterprise and emerging tech]. (a)I understand and acknowledge that my employment with the Company is for an unspecified duration and constitutes "at-will" employment. Most recently he sold 79,913 units of CLDR stock worth $1,256,232 on 7 July 2021. In his keynote at Strata 2019 in New York City, Arun Murthy, Cloudera's Chief Product Officer, introduces Cloudera Data Platform (CDP), the world's first enterprise data cloud. This typically involved [], This blog was originally published on Medium The Data Cloud Powered By Hadoop One key aspect of the Cloudera Data Platform (CDP), which is justbeginning to be understood, is how much of a recombinant-evolution it represents, from an architectural standpoint, vis--vis Hadoop in its first decade. Today, Cloudera said the transaction has been approved by its shareholders and is now on track to be completed by the years end. In a departure from previous earnings reports, Cloudera didnt release financial guidance for the next quarter alongside the current quarters results. As Chief Product Officer at CLOUDERA INC, Arun Murthy made $4,011,220 in total compensation. endobj $2.21M on December 17, 2020. Articles by Arun C Murthy on Muck Rack. 5 0 obj In addition, the Company will request that its Board of Directors approve another grant to you of RSUs for the Companys common stock valued at $8,000,000, based on a 10-day closing price average for the period prior to the closing date of the Merger, as determined by the Companys Board of Directors (the , Notwithstanding anything to the contrary in this letter, neither the Transition RSUs nor the Retention RSUs described in this, Notwithstanding any provisions in this letter, the Severance Agreement or any agreement with Hortonworks to the contrary, you hereby expressly acknowledge and agree that any and all rights you may have to invoke good reason, a constructive termination or other similar phrase due to (i) a diminution in your authority, duties or responsibilities or those of your supervisor, as applicable, or (ii) a relocation of your business office, whether such rights arise before or after the closing of the Merger, shall be measured solely by comparison to your position and the position of your supervisor as set forth in. Get 5 free searches. endobj endobj Arun Murthy is based out of Santa Clara, California, United States and works at Hortonworks as Co-Founder & CPO. Hortonworks Founder Jul 2011. Start Date . Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Cloudera software engineering interview Hi!. Cloudera also said that CFO Jim Frankola will become a strategic advisor when the CD&R and KKR transaction closes and Kevin Cook, senior vice president of finance, will become CFO. They most recently attended, or will attend, Strata Data Conference 2019 on Sep 23 . He was one of the founders of Hortonworks and has spent well over a decade in the open source big data industry. CDP is hybrid and multi-cloud, delivering the speed, agility, and scale you need to secure and govern your data anywhere from the edge to AI.Subscribe to O'Reilly on YouTube: http://goo.gl/n3QSYiFollow O'Reilly on: Twitter: http://twitter.com/oreillymediaFacebook: http://facebook.com/OReillyInstagram: https://www.instagram.com/oreillymediaLinkedIn: https://www.linkedin.com/company-beta/8459/ Chief Product Officer Arun Murthy is leaving Cloudera, while Chief Financial Officer Jim Frankola is stepping down and will move to the newly created role of strategic adviser. and Michael Olson, Chief Strategy Officer We have a single-minded focus on driving innovation in open source communities such . View the profiles of professionals named "Arun Murthy" on LinkedIn. endobj Chief Product Officer: . And with Cloudera's Shared Data Experience (SDX), the security and governance capabilities in CDP, IT . He was one of the founders of Hortonworks and has spent well over a decade in the open source big data industry. US: +1 888 789 1488 On a non-GAAP basis, Cloudera reported second quarter earnings of 15 cents a share. Cloudera, Inc. announced that Chief Product Officer, Arun Murthy, will depart Cloudera effective immediately. << /Length 12 0 R /N 3 /Alternate /DeviceRGB /Filter /FlateDecode >> [ /ICCBased 11 0 R ] Mr. Murthy holds a bachelor of engineering in computer science and engineering from Visvesvaraya Technological University. The designation and appointment of the Company and its duly authorized officers and agents as my agent and attorney in fact shall be deemed to be coupled with an interest and therefore irrevocable. Additionally, Arun Murthy has had 2 past jobs including Chief Product Officer at Cloudera. Kevin Cook, the senior vice president for finance, will succeed Mr. Frankola as chief financial officer, the software company said Monday. In addition, he makes $5,972,920 as Chief Product Officer at Cloudera Inc. 14 0 R /Encoding /MacRomanEncoding /FirstChar 32 /LastChar 213 /Widths [ 221 The most recent transaction was a sale order of, As Chief Product Officer of Cloudera, Inc, Arun Murthy has a total base salary of, Arun Murthy received compensation valued at about, The vast majority of their compensation came in the form of, other earnings, plans or compensations of, Cloudera, Inc's most recent insider trade came on September 21, 2021 by 471 492 0 301 399 297 481 432 604 0 432 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Insider trading is most common in June, with the busiest year in 2019. (b)For a period of twelve (12) months immediately following the termination of my Relationship with the Company for any reason, I shall not (i) either directly or indirectly solicit any existing or prospective customer, client or account of the Company with whom I communicated or with whom I became acquainted during my Relationship with the Company; or (ii) cause or attempt to cause any existing or prospective customer, client or account of the. Cloudera Inc. said Jim Frankola, the finance chief, will transition to the newly created role of strategic adviser after the company closes its go-private transaction with private-equity firms. Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Arun Murthy leaving cloudera #tech #cloudera Anyone know why hortonworks cofounder Arun Murthy quit effective immediately? Our mission is to manage the world's data. As Chief Product Officer of Cloudera, Inc, Arun Murthy has a total base salary of $380,000 .