'Bout time Too !
Well given the times its in the right direction.
Be interesting to compare EMC and VMWare's carbon footprints compared to IT industry peer group.
Lots of recent bad press on the exec jets jetting off to climate change meetings and seminars.
10% of a Million has less effect that 10% of a lowly engineer's pay and rations though, so disproportionate.
People appreciate reasonable fairness.
To get EMC really flying they should have gone for at least 17 - 27% Tucci reduction or more at the top, less for the tiers below and minimal for the lowest of the low and watch the effect on motivation, loyalty and productivity !
Why Tucci tenure move? Well suppose EMC is a nice takeover target for someone like CISCO and the EMC board wishes to placate shareholders and keep them in line . . .
This probably means he can cling-on like a limpet !
The other thing to watch is options trades of the people at the top - much more lucre is made that way on top of pay and perks.
. . . and of course its another distraction when they should be firmly running the firm.