menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Satya Nade...
source image

Yourstory

3w

read

188

img
dot

Image Credit: Yourstory

Satya Nadella asked for pay cut, Microsoft handed him $79.1 million

  • Microsoft CEO Satya Nadella's total pay package for the fiscal year 2023-24 was $79.1 million, a 63% increase from the previous year.
  • Nadella's pay rise of more than $30 million was mainly in stock form, aligned with Microsoft's valuation.
  • Nadella's cash incentive of $5.2 million was lower than the $10.7 million he was eligible for, reflecting the cybersecurity issues Microsoft faced.
  • Nadella requested a reduced cash incentive to reflect his personal accountability for the necessary changes in the cybersecurity landscape.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app