6 hari yang lalu
- Microsoft CEO Satya Nadella's salary roseate 63% to $79.1 cardinal for nan twelvemonth to June 30.
- The tech leader requested a little rate inducement than planned aft respective cybersecurity breaches.
- Microsoft banal has soared arsenic investors stake it'll beryllium a large victor from nan AI boom.
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Microsoft CEO Satya Nadella's compensation surged 63% to $79.1 cardinal for nan financial twelvemonth ended June 30 — and would apt person been higher without his intervention.
The package giant's leader received a $2.5 cardinal salary, $71.2 cardinal of banal awards, a $5.2 cardinal rate incentive, and $170,000 successful different compensation, per a proxy filing connected Thursday. He was paid a full of $48.5 cardinal successful nan erstwhile financial year.
Nadella had been successful statement for a $10.7 cardinal rate incentive, but asked nan committee for little pursuing several high-profile cybersecurity breaches successful nan period.
"Mr. Nadella agreed that nan Company's capacity was highly strong, but reflecting connected his individual committedness to information and his domiciled arsenic nan CEO, asked nan Board to see departing from nan established capacity metrics and trim his rate inducement to bespeak his individual accountability for nan attraction and velocity required for nan changes that today's cybersecurity threat scenery showed were necessary," nan filing reads.
Nadella's banal grant was worthy $39 cardinal for nan erstwhile year. Microsoft banal soared much than 30% successful nan 12 months to June, boosting its marketplace worth to north of $3 trillion arsenic good arsenic nan worth of nan CEO's options.
The banal has enjoyed a stellar tally arsenic investors wagered that Microsoft, an investor successful ChatGPT shaper OpenAI, would beryllium a cardinal beneficiary of nan artificial intelligence boom.
Revenue jumped 16% to $245 cardinal successful nan period, driving operating income up 24% to $109 billion.
Nadella's compensation is comparable to that of different Big Tech leaders. Apple CEO Tim Cook was paid $63.2 cardinal for nan company's past financial year, while Nvidia CEO Jensen Huang pocketed $34.2 million.
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