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Microsoft shareholders approve $84 billion CEO pay
Posted by: GGD
Date: December 03, 2014 03:10PM
Wow, this guy will do better than Bill Gates.

Quote


SAN FRANCISCO (AP) — Microsoft shareholders have approved an $84 billion pay package for new CEO Satya Nadella, despite concerns raised by an investor advisory group.

The tech giant has seen strong financial performance and its stock is up roughly 30 percent for the year. But the advisory group, Institutional Shareholder Services, said it has "significant concerns" about the size of stock grants awarded to Satya Nadella, who was named CEO in February. The group also cited plans to award future stock grants without setting what it considers adequate performance standards.

Nadella's pay largely consists of stock grants that won't vest for several years. Microsoft said the grants are an incentive for strong performance. Microsoft said shareholders approved the deal at the company's annual meeting Wednesday but detailed voting results were not immediately available.

Of course it's actually $84 Million, and the Associated Press got it wrong, but it's still showing uncorrected on some sites.

[helenair.com]
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: cbelt3
Date: December 03, 2014 03:21PM
Let the Blizzard commence !

Will they save that amount by killing the Clip art download site ?
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: MGS_forgot_password
Date: December 03, 2014 03:22PM
I wonder if he asked for more money or just waited for karma to reward him.
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: bruceko
Date: December 03, 2014 03:31PM
They didn't ask me for voting a proxy on my shares.
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: cbelt3
Date: December 03, 2014 03:33PM
Quote
MGS_forgot_password
I wonder if he asked for more money or just waited for karma to reward him.

He's of the Kamma caste. Karma accumulates at +10
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: Ammo
Date: December 03, 2014 03:43PM
Only $84 million? That's a slap in the face! angry smiley



Where is there dignity unless there is also honesty? - Cicero

Be kind, for everyone you meet is fighting a battle you know nothing about. —Wendy Mass

A lie told often enough becomes the truth. Vladimir Lenin
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: GGD
Date: December 03, 2014 04:26PM
Quote
Ammo
Only $84 million? That's a slap in the face! angry smiley

Reminds me of this clip [www.youtube.com]
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: Paul F.
Date: December 03, 2014 04:29PM
Quote
Ammo
Only $84 million? That's a slap in the face! angry smiley

I'd take a slap in the face for $84 Mil...
Heck, I would take a sausage in the pooper for half that!
Uh, that may be sharing a little too much... sorry...



Paul F.
-----
A sword never kills anybody; it is a tool in the killer's hand. - Lucius Annaeus Seneca c. 5 BC - 65 AD
----
Good is the enemy of Excellent. Talent is not necessary for Excellence.
Persistence is necessary for Excellence. And Persistence is a Decision.

--

--

--
Eureka, CA



Edited 1 time(s). Last edit at 12/03/2014 04:29PM by Paul F..
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: fauch
Date: December 03, 2014 05:24PM
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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: Yoyodyne ArtWorks
Date: December 03, 2014 06:15PM
Quote
MGS_forgot_password
I wonder if he asked for more money or just waited for karma to reward him.

Oh snap!



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Re: Microsoft shareholders approve $84 billion CEO pay
Posted by: hal
Date: December 03, 2014 11:16PM
Welcome to capitalism where the market sets the wages - why do you hate America?
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