SAN FRANCISCO, California — Microsoft’s Chief Executive Officer, Satya Nadella, earned a 66 percent raise in the 2018-19 fiscal, taking his total yearly earnings to $42.9 million.
Nadella, 52, has a base salary of a little over $2.3 million, most of his pay came from stock awards, reported CNN Business. He received $29.6 million in stock award, $10.7 million in non-equity incentive plan compensation and around $111,000 in other compensation.
In the 2017-18 fiscal, the Hyderabad-born business executive had got a pay of $25.8 million. Nadella became the CEO of Microsoft in 2014. Under his leadership, the company has become a major force in cloud computing.
In September, Microsoft hit an all-time high after the company raised its dividend and authorised a plan to buy back as much as $40 billion of its own stock.
— Times of India (@timesofindia) October 17, 2019