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MS CEO pay tops $80m [ITWeb]
[October 21, 2014]

MS CEO pay tops $80m [ITWeb]


(ITWeb Via Acquire Media NewsEdge) Microsoft CEO Satya Nadella's compensation is set to be more modest going forward.

Microsoft's new CEO Satya Nadella has become one of the technology industry's biggest earners, with a total compensation package worth $84.3 million this year, according to a document filed with securities regulators yesterday.

The outsize number is mostly made up of the estimated value of certain one-time stock awards given to Nadella, who became the company's third CEO in February. Most of it Nadella cannot actually receive until 2019.

The massive stock awards, valued at $79.8 million overall, were designed to keep Nadella at Microsoft while the company was hunting for a new CEO, and to give him long-term incentives as CEO.



Large stock awards have not been necessary for Microsoft's previous two CEOs, Bill Gates and Steve Ballmer, as both had multibillion-dollar holdings in the company.

Looking forward, Nadella's compensation is set to be more modest, with "total target compensation" for fiscal 2015 set at $18 million, according to the company's proxy filing.


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