Microsoft Awards CEO Satya Nadella $84 Million Pay Package

[[Coi] Mr.CLuBBeR]

Not a bad looking paycheck

We'd all like to be paid eleven times the amount we earned last year, though for most of us, such a jump wouldn't put us in the tens of millions of dollars range. But for Microsoft CEO Satya Nadella, well, let's just say it's been a good year for him. How good? Microsoft revealed in a regulatory filing that its CEO was given a compensation package worth in excess of $84 million for 2014.
Most of that money -- $59.2 million -- comes in the form of restricted stock, which is dependent on Microsoft's stock outperforming 60 percent of Standard & Poor's 500 Index in 2019, 2020, and 2021, The Wall Street Journal reports. And if Microsoft outperforms 80 percent of the Index, the shares award could jump to $88.8 million. The bottom line is, Nadella could earn more than $350 million in stock awards alone by 2021.
As for Microsoft's fiscal 2014 period that ended June 30, Nadella raked in about $919,000 in salary plus a $3.6 million cash bonus, to go along with a $13.2 million stock award. In other words, he isn't likely to worry about the electricity being turned off in his home due to a late payment.
Image Credit: Flickr (Bhupinder Nayyar)
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