Jonathan Bush - athenahealth (Nasdaq: ATHN)

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Total 2009 Compensation: $1,426,582

Compensation breakdown:

  • Base salary: $419,452  
  • Option awards: $761,004
  • Non-equity incentive plan compensation: $241,924
  • "Other compensation" including company matching contributions for a 401(k) plan: $4,202

The skinny: Bush's total compensation was more than 15 percent of athenahealth's $9.3 million net income, according to the company's 2009 annual report. The bottom line slipped by 70 percent in 2009 from $31.6 million a year earlier, and Bush took no bonuses in 2008 or 2009. The company had to delay the release of its 2009 annual report for an accounting review of deferred implementation revenue from new customers, but news reports suggested the delay had no real impact on operations.

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