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Microsoft CEO's pay package jumps 63% to $104m
The Straits Times
|October 26, 2024
Microsoft chief executive Satya Nadella received a pay package worth US$79.1 million (S$104.4 million) for fiscal 2024, a 63 per cent increase from 2023 as the software maker worked to extend its strong position in artificial intelligence tools.
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Mr Nadella's pay would have been about US$5 million higher had he not requested a pay cut "to reflect his personal accountability" for changes the company is making to reflect cyber security risks, Microsoft's board compensation committee wrote in the filing.
Dit verhaal komt uit de October 26, 2024-editie van The Straits Times.
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