Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
Publishing timestamp: 2024-10-24 22:18:07
Summary
Microsoft CEO Satya Nadella's pay went up sharply for the most recent fiscal year, but he asked for a reduction in the cash incentive portion after a security incident. The incident prompted criticism from the U.S. government, and Nadella's total pay would have been higher if not for a series of cyberattacks. Microsoft is now considering security contributions when deciding on pay for rank-and-file employees.
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Keywords: business news, technology, breaking news: technology, enterprise, business, satya nadella, microsoft corp,