Microsoft CEO gets pay cut

Last updated 14:44 10/10/2012

Relevant offers

World

Kiwi couple in Perth can take action against ANZ over worthless life insurance Billionaire chocolate maker Forrest E Mars Jr dies at 84 Sitting too long at work 'deadly' - study Nando's Australia in ugly fight as franchisees rebel over expensive upgrades Drop the Big Mac, pick up the iPhone if you want to gauge the dollar Australian worker unfairly sacked for looking at women in bikinis What high heels say about the yawning gap between rich and poor Here's why the Land Rover rip off might succeed Tesla driver speeding in fatal Autopilot crash Jamie's Italian, Cargo Bar up for grabs as Keystone assets hit market

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