Microsoft CEO gets pay cut

Last updated 14:44 10/10/2012

Relevant offers

World

Russia's economic reality shirtfronts Vladimir Putin Fed confident on US growth Avon pleads guilty to China bribes Sea Shepherd intercepts boat suspected of illegal fishing Foreign 'speculators' shun rouble OPEC hawks see merits of waiting NZ hovercraft saves Canadian reindeer Russia tries to halt rouble collapse 'It's total fiction': Teen stock trader admits he made it all up Ex-Madoff manager jailed for fraud

Microsoft chief executive Steve Ballmer's pay package fell 4 per cent after his bonus was trimmed partly due to slower-than-planned progress in the software company's online business and a drop in revenue at its Windows division.

According to a securities filing on Tuesday, Ballmer's pay dropped to US$1.3 million ($1.6 million) from US$1.4m in Microsoft's latest fiscal year through June.

Ballmer, 56, got a performance-related bonus of US$620,000, down from US$682,500. His salary was little changed at US$685,000.

The Associated Press' calculation includes salary, bonus and other all other compensation received by Ballmer. He voluntarily did not receive any stock awards.

Ad Feedback

- AP

Special offers

Featured Promotions

Sponsored Content