{"id":58142,"date":"2014-10-21T07:21:13","date_gmt":"2014-10-21T07:21:13","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=58142"},"modified":"2014-10-21T07:21:13","modified_gmt":"2014-10-21T07:21:13","slug":"new-microsoft-ceo-pay-tops-80-million","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=58142","title":{"rendered":"New Microsoft CEO pay tops $80 million"},"content":{"rendered":"<p><span class=\"mandelbrot_refrag\">Microsoft<\/span>\u00a0 new Chief Executive Satya Nadella has become one the technology industry&#8217;s biggest earners, with a total compensation package worth $84.3 million this year, according to a document filed with securities regulators on Monday.<\/p>\n<p>The outsize number is mostly made up of the estimated value of certain one-time stock awards given to Nadella, who became the company&#8217;s third CEO in February. Most of it Nadella cannot actually receive until 2019.<\/p>\n<p>The massive stock awards, valued at $79.8 million overall, were designed to keep Nadella at <span class=\"mandelbrot_refrag\">Microsoft<\/span> while the company was hunting for a new CEO, and to give him long-term incentives as CEO.<\/p>\n<p>Large stock awards have not been necessary for Microsoft&#8217;s previous two CEOs, Bill Gates and Steve Ballmer, as both had multi-billion dollar holdings in the company.<\/p>\n<p>Looking forward, Nadella&#8217;s compensation is set to be more modest, with &#8220;total target compensation&#8221; for fiscal 2015 set at $18 million, according to the company&#8217;s proxy filing.<\/p>\n<p>&#8211;<\/p>\n<p>Source: reuters<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft\u00a0 new Chief Executive Satya Nadella has become one the technology industry&#8217;s biggest earners, with a total compensation package worth $84.3 million this year, according to a document filed with securities regulators on Monday. The outsize number is mostly made up of the estimated value of certain one-time stock awards given to Nadella, who became [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":58144,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[18],"class_list":["post-58142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-dr-akwasi-osei"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/58142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58142"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/58142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/58144"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}