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Red Hat gives top bosses small raises

Red Hat, the Raleigh software company with a booming business, gave its top executives modest annual raises this week.

CEO Jim Whitehurst's base salary rose to $775,000, for example, a 3 percent increase, Red Hat reported in a Securities and Exchange Commission filing today. Chief financial officer Charlie Peters and others got similar raises.

The base salaries are just a small part of the executives' total compensation. Whitehurst also could receive a bonus of up to $775,000 if Red Hat meets various financial and other goals, plus other pay.

Last year, Whitehurst made $8.97 million, including $7.16 million in stock awards, Red Hat disclosed in a previous SEC filing. That made him one of the Triangle's highest paid CEOs.

Some UNC workers get a raise

UNC Chapel Hill's lowest-paid workers are getting a raise.

It takes affect Nov. 21.

UNC Chancellor Holden Thorp announced the raises this week in a letter to 290 employees whose pay will increase. 

 

Raises for some UNC workers

 

UNC's lowest-paid workers are getting a pay raise. It takes effect Nov. 21.

UNC Chancellor Holden Thorp announced the raises this week in a letter to the 290 employees affected by the change. 

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