New ceo of microsoft salary negotiation
New ceo of microsoft salary negotiation
New ceo of microsoft salary negotiation report.
Microsoft&#;s value surges, causing CEO&#;s salary to reach incredible figure
Microsoft CEO Satya Nadella&#;s total compensation for surged 63% to $ million, according to a filing from the company on Thursday.
Approximately $71 million of his salary comes from stock awards.
Stock awards provide a way for companies to pay their executives based on performance so their compensation aligns with the shareholders&#; expectations.
With the nature of Nadella&#;s compensation, his jump in salary came after Microsoft&#;s market value breached $3 trillion.
Microsoft&#;s shares gained about % during the fiscal year, which ended June
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Nadella earned $ million in
Despite the astonishing salary figure, Nadella&#;s cash incentive of $ million was significantly less than the $ million he was eligible for.
Nadella reportedly asked for a reduction following multiple cybersecurity breaches, according to the filing obtained