In an all too familiar story, Dell Inc. stock is down more than 50% over the last year, but two departing executives are getting richer.

Mike Cannon, leaving after less than two years as president of Dell's global operations, is receiving a staggering $10 million in cash while outgoing chief marketing officer Mark Jarvisis is receiving $1.25 million.

According to Dell's SEC filing, Cannon will receive a $5 million payout on or before Feb. 20 as well as two payments of $2.5 million due in April and July, respectively. Dell will also continue to pay for Cannon's home-security system until Feb. 1, 2011.

Jarvis will receive $625,000, what would have been his salary this year, plus a $625,000 bonus.