Microsoft CEO Satya Nadella cuts cash compensation by ₹46 crore for 2024

tech.hindustantimes.com

Microsoft CEO Satya Nadella has reduced his cash compensation by ₹46 crore for fiscal year 2024. He will now receive $5.2 million instead of the planned $10.7 million cash incentive. Nadella's total compensation for the year is approximately $71.2 million, including stock awards and a base salary of $2.5 million. His decision to cut cash compensation was influenced by cybersecurity concerns. Since becoming CEO in 2014, Nadella has significantly increased Microsoft's revenue and net income, tripling revenue to $245.1 billion and quadrupling net income to $88.1 billion.


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Microsoft CEO Satya Nadella cuts cash compensation by ₹46 crore for 2024 | News Minimalist