Microsoft CEO Satya Nadella earns USD 42.9 million in 2018-19 fiscal

TIL Desk/Business/Washington/ With Microsoft posting strong results, the company’s CEO Satya Nadella has got a 66 per cent raise in the 2018-19 fiscal, taking his total yearly earnings to a whopping USD 42.9 million, according to media reports on Thursday.

While Nadella, 52, has a base salary of a little over USD 2.3 million, most of his pay came from stock awards.  He received USD 29.6 million in stock award, USD 10,7 million in non-equity incentive plan compensation and around USD 111,000 in other compensation.

In a proxy statement, Microsoft’s independent directors said, “The past fiscal year offered another record year for financial performance, and Microsoft delivered strong results for our shareholders, including a return of USD 30.9 billion in the form of share repurchases and dividends.”