Nadella's FY24 pay rises 63% to $79 million

Satya Nadella, Microsoft's CEO, saw a 63% jump in his FY24 compensation, reaching $79.1 million, largely fueled by stock awards amid the company's valuation exceeding $3 trillion. Despite this, Nadella requested a reduction following multiple cybersecurity breaches. The company's shares rose by 31.2% by June 30, 2024.

Oct 26, 2024 - 05:00

Nadella's FY24 pay rises 63% to $79 million

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Satya Nadella, Microsoft's CEO, saw a 63% jump in his FY24 compensation, reaching $79.1 million, largely fueled by stock awards amid the company's valuation exceeding $3 trillion. Despite this, Nadella requested a reduction following multiple cybersecurity breaches. The company's shares rose by 31.2% by June 30, 2024.