Microsoft CEO Nadella’s 2022 compensation rises 10% to near $55 million, and CEO pay ratio keeps rising

0
14

Microsoft Corp. MSFT, -1.98% disclosed Thursday that Chief Executive Satya Nadella’s 2022 remained at $2.50 million for the third-straight year, but his total compensation climbed 10.2% to $54.95 million. The total compensation included stock awards and performance stock awards valued at $42.27 million at the grant date, up from $33.04 million a year ago, and non-equity incent plan compensation of $10.07 million, down from $14.21 million in 2021. Microsoft’s stock has tumbled 31.9% year to date after soaring 51.2% last year, while the Dow Jones Industrial Average DJIA, +0.61% has lost 11.1% this year after gaining 18.7% in 2021. Meanwhile, the total compensation of the median Microsoft employee rose 7.6% to $190,302, to push the CEO pay ratio up to 289-to-1 from 282-to-1 in 2021. The CEO pay ratio has now increased for five-straight years, including 257-to-1 in 2020, 249-to-1 in 2019 and 154-to-1 in 2018.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: ‘We have a deal’: EU bans new gas-fueled cars starting in 2035
Next articleDow finishes up about 200 points as Meta stock weighs on Nasdaq

LEAVE A REPLY

Please enter your comment!
Please enter your name here