The list of top-paid executives in Texas (excluding Houston) reflects the state’s emergence as a technology-industry hotbed, whether in so-called “Silicon Bayou” Houston, “Third Coast” Austin, or “Silicon Prairie” Dallas-Fort Worth. Six of Texas’s 10 highest-paid corporate executives run technology companies that went public within the past three years.
Still, the stock market has not been kind to those entities this year.
“The stock market is hammering tech companies,” said Wes Hart, managing director in the Houston office of Pearl Meyer, an executive compensation consultancy. “When we look back at end of the year, oil and gas bonuses are going to be good. The others? Not so much.”