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Good karma earns Nadella $11.6 mn
Good karma earns Nadella $11.6 mn, Nadella\'s compensation package in fiscal year 2013 was $7.67 million. His compensation package for fiscal year 2015, his first full year as CEO, could have him earning up to $18 million, the Times said.
Hyd-born Microsoft CEO also received $79.78 million in stock awards as salary
Washington: Microsoft's Indian American CEO Satya Nadella, who stirred a controversy by his remarks that women should trust their karma for pay raises, himself earned $11.6 million (about Rs 71 crore) in fiscal 2014, not counting $79.78 million (nearly Rs 488 crore) in stock awards.
Nadella's earnings include compensation as head of Microsoft's cloud and enterprise division before he became CEO in February, the Seattle Times reported citing company's proxy statement filed Monday with the US Security and Exchange Commission.
Microsoft's fiscal year runs July 1 to June 30. Nadella's salary for that time period includes $918,917 in base pay along with a $3.6 million cash award and a $7.09 million annual stock award. In addition, he was also granted stock awards worth $79.78 million, including the $7.09 million he actually received in fiscal year 2014.
Nadella's compensation package in fiscal year 2013 was $7.67 million. His compensation package for fiscal year 2015, his first full year as CEO, could have him earning up to $18 million, the Times said.
Meanwhile, Nadella who has since apologised several times for his controversial comments on women in tech, Monday claimed Microsoft has no pay gap between men, women, according to CNET.
