Nadella’s FY24 pay rises 63% to $79 million

Nadella’s FY24 pay rises 63% to  million


Microsoft CEO Satya Nadella‘s FY24 compensation surged 63% to $79.1 million, according to a filing on Thursday, helped by his stock awards in a year when the tech behemoth’s market value breached $3 trillion.
Stock awards for Nadella, who earned $48.5 million in 2023, climbed to about $71 million from $39 million a year earlier. Microsoft’s shares had gained about 31.2% during the fiscal year ended June 30, 2024.
Backed by its investment OpenAI, Microsoft is widely seen as a frontrunner in the race for market dominance in the rollout of GenAI. However, Nadella’s asked for a reduction following multiple cybersecurity breaches reported during the fiscal year.





Source link


Discover more from Сегодня.Today

Subscribe to get the latest posts sent to your email.

Leave a Reply

Your email address will not be published. Required fields are marked *

Discover more from Сегодня.Today

Subscribe now to keep reading and get access to the full archive.

Continue reading