Nadella's FY24 pay rises 63% to $79 million

Quick Summary:

Satya Nadella, Microsoft's CEO, saw a 63% jump in his FY24 compensation, reaching $79.1 million, largely fueled by stock awards amid the company's valuation exceeding $3 trillion.

Despite this, Nadella requested a reduction following multiple cybersecurity breaches.

The company's shares rose by 31.2% by June 30, 2024.

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Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets: IndiaCanadaGermanyIsrael

Topics: Stock awards Satya Nadella OpenAI FY24 compensation Microsoft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-26 @ 06:54:18 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23245171

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