Visitors Now:
Total Visits:
Total Stories:
Profile image
By SiteProNews (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Microsoft Shells Out $56M to its Top 5 Execs in 2016

Tuesday, October 4, 2016 9:18
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Microsoft’s top executives sure do get a sweet pay cheque.

Amy Hood

Amy Hood

brad-smith

Brad Smith

The Redmond software firm shelled out a whopping $56 million in fiscal 2016 to its top five executives, a preliminary proxy statement filed Monday with the SEC has revealed.

CEO Satya Nadella earned $17.7 million this year — a combination of $5.66 million for salary and bonus and $12 million in stock awards.

Nadella, who was named CEO in February of 2014, has revitalized the company with new ideas and approaches. Prior to taking the company’s top job, Nadella, was head of engineering for Microsoft’s back-end technologies such as datacenter, database and specific technologies for enterprise IT scenarios and development tools. Before that, he led Microsoft’s Server and Tools business and datacenter development, construction and operation.

While Nadella certainly has an impressive resume, $17.7 million still seems like an awful lot of money to rake in for one year.

Still he was not alone in the eyebrow-raising compensation he was awarded.

Chief financial officer Amy Hood earned $10.4 million in salary, bonus and stock rewards while executive-vice president of business development Margaret Johnson brought home a total of $6.7 million in compensation. Chief legal officer Brad Smith earned a total of $8.6 million while chief operating officer Kevin Turner took home $13 million.


avatar

Jennifer Cowan is the Managing Editor for SiteProNews.

The post Microsoft Shells Out $56M to its Top 5 Execs in 2016 appeared first on SiteProNews.



Source: http://www.sitepronews.com/2016/10/04/microsoft-shells-out-56m-to-its-top-5-execs-in-2016/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.