Aruba Networks, which last November layed off 46 employees to reduce costs and “streamline operations”, last week granted its chief executive, Dominic Orr, a 33 percent raise in salary from $300,000 to $400,000, according to a filing it made with the SEC today.
Chief Financial Officer Steffan Tomlinson got his current salary, which was $280,000 according to today’s filing, boosted 16 percent to $325,000. (His salary in 2008 was lifted from $235,000 to $250,000, according to the company’s proxy statement filed Nov. 25. It’s not clear when he received the interim salary increase. )
Aruba’s vice president for engineering, Sriram Ramachandran, and Chief Technology Officer Keerti Melkote scored 24 percent increases in base pay from $225,000 to $280,000.
Aruba has yet to post a profitable quarter since becoming a public company in March 2007. Sales growth in its most recent quarter slowed to 8 percent compared to a 23 percent gain in the comparable quarter last year.