Microsoft boss gets 63% pay rise despite asking for reduction

Published On Oct 25, 2024, 12:49 PM

In the last fiscal year, Microsoft CEO Satya Nadella earned $79.1 million, marking a 63% increase from the previous year, even after he requested a reduction in his cash incentives due to cybersecurity breaches at the company. Despite recent job cuts in the gaming division, Microsoft reported a 16% revenue growth. While Nadella's earnings align with the company's strong performance, there are concerns regarding the appropriateness of such high compensation, especially in light of his acknowledged accountability for cyberattacks that have affected the company.