79.1 million US dollars
Substantial salary increase for Microsoft CEO Nadella
This year, Microsoft CEO Satya Nadella will earn as much as 1440 average employees in Austria. While the median income in this country is 50,633 euros gross per year, the US manager will earn 73 million this year - 63 percent more than in 2023.
Microsoft CEO Satya Nadella can look forward to significantly more money this year than last year. This is because his remuneration has risen by 63 percent to 79.1 million dollars (around 73 million euros) in the 2024 financial year due to share awards.
71 million US dollars in Microsoft shares
According to a document filed on Thursday, Nadella received around 71 million dollars in share awards. In 2023, he had received share awards amounting to 39 million dollars.
Microsoft shares rose by around 31.2 percent in the financial year ending June 30, 2024 in the USA.
According to the documents, Nadella's cash compensation of 5.2 million dollars was less than the 10.7 million dollars to which he was entitled. Due to several cybersecurity breaches reported during the financial year, Nadella had asked for a reduction.
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