Satya Nadella's Salary Rose 63% To $79.1M But Here's Why The Microsoft CEO Is Taking A $5M Pay Cut

Quick Summary:

Despite a rise in the stock awards, Nadella’s cash incentive of $5.2 million was less than the $10.7 million he was eligible for, as he requested a reduction following multiple cybersecurity breaches reported during the fiscal year.“Nadella agreed that the Company's performance was extremely strong, but reflecting on his personal commitment to security and his role as the CEO, asked the Board to consider departing from ...

In the fiscal year 2024, the compensation of Microsoft Corp.(NASDAQ:MSFT) CEO Satya Nadella soared by 63% to $79.1 million, largely due to his stock awards, as per a U.S.

What Happened: Nadella’s stock awards increased to approximately $71 million from $39 million in the previous year.

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Article Details

Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United States

Topics: Kaustubh Bagalkote US0378331005 Satya Nadella Tech AAPL US5949181045 News MSFT Equities NVDA Markets Global Benzinga US67066G1040

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 10:30:40 (6 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 23238257

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