By Gregg Keizer
Microsoft CEO Satya Nadella received a compensation package for the year ending June 30 worth approximately $17.7 million, a 3% reduction from 2015, according to security filings.
A preliminary proxy statement submitted Monday to the U.S. Securities & Exchange Commission showed that Nadella’s pay cut was about a third of the 9% downturn in Microsoft’s revenue during the same period.
The chief executive received $1.2 million in salary, the same as the year before; $4.5 …read more
Source:: IT Management