Topic: Salaries that make you Smile: $17.2 million per year [Microsoft]  (Read 2392 times)

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Salaries that make you Smile: $17.2 million per year [Microsoft]
« on: February 05, 2014, 05:26:25 PM »
Microsoft's new CEO Satya Nadella will be paid handsomely for his services.

At today's stock price, he could take home as much as $17.2 million this year, and $30.4 million a year starting in 2015. At that rate, Nadella will likely be among the top 5 highest paid tech CEOs.

 The new CEO will be paid in 4 components.

First, there is Nadella's annual salary, which will be $1.2 million.

Next, he is eligible for a yearly cash bonus worth up to $3.6 million. His bonus could be less if Microsoft's (MSFT, Fortune 500) board determines his performance was lacking.

Third, he'll take home an annual stock award of $13.2 million starting in 2015.

Finally, Nadella will receive stock awards tied to Microsoft's stock performance for each of the next three years. - CNN

 

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