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Microsoft CEO Nadella received a 10% raise, with an annual salary of $5500.

Shulou Source: shulou.com Published: 2023-11-24 11:25:54 09月30日 Update

According to a power of attorney signed by Microsoft shareholders in 2022, Microsoft CEO Satya Nadella, who took over in 2014, received a substantial raise this year, reaching $54.946 million (about 398 million yuan) a year, an increase of 10 percent over the previous year, CTOnews.com reported on October 29.

Nadella's base salary remained unchanged at $2.5 million, while the stock award was $42.269 million, up from $33 million the previous year. Compensation for non-equity incentive programs fell from $14.2 million to $10.06 million. The last item classified as "all other rewards" is $110250, of which $100000 is charitable donations.

About 96 per cent of the nearly $55 million compensation package is performance-based, compared with 71 per cent in 2021. It is worth noting that the median salary of Microsoft employees in fiscal 2022 was $190302 (about 1.38 million yuan). In fiscal year 2022, the ratio of Nadella's annual total compensation to the median employee salary was 289 to 1.

In the year to June 30, 2022, Microsoft's revenue grew 18% to $198.3 billion, of which revenue from the cloud computing division grew 32% to $91.2 billion. Operating profit rose 19% to $83.4 billion, while net profit also rose 19% to $72.7 billion.

When Nadella took over CEO, Microsoft had revenue of $86.8 billion, net profit of $22.1 billion, and earnings per share of $2.63. As of press time, Microsoft earned $9.65 per share.

Microsoft shareholders want to ensure that Nadella stays in office and have high confidence in his leadership.

CTOnews.com has learned that Microsoft's growth has slowed in the past year, and Microsoft's share price has fallen 32% in the past 12 months.

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