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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

October 10, 2012 at 7:23 AM

Microsoft trims Ballmer’s, Sinfosky’s bonuses

[This story is running in the print edition of The Seattle Times Oct. 10, 2012.]

Microsoft CEO Steve Ballmer received base salary of $685,000 in the fiscal year ended June 30 — up a tiny bit from the previous year — but the company’s board awarded him only 91 percent of his target bonus, or $620,000, according to Microsoft’s proxy statement filed Tuesday.

Last year, Ballmer made $682,500 in base salary and received 100 percent of his target award of $682,500.

The board cited the following factors in not awarding Ballmer the full bonus: modest growth in Windows Phone’s market share; a decline in Windows revenue; and the company’s failure to provide a browser choice screen on certain Windows PCs in Europe, as the company had agreed to do in 2009.

Positive factors the board cited included: success in completing development of Windows 8 and the new Office suite; the successful launch of SQL Server 2012 and System Center 2012, contributing to 12 percent growth in Server and Tools Business revenue; integration of Skype; and progress in introducing new hardware-form factors such as Surface — Microsoft’s own branded tablets. It also cited strong operating expense discipline and overall solid business performance.

The proxy statement contained information on other top executives’ compensation :

* Windows and Windows Live President Steven Sinofsky received 90 percent of his target award, with the board citing some of the same factors as for Ballmer: The decrease in the division’s revenue and the failure to provide a browser choice screen.

Sinofsky’s compensation included $658,333 in base salary, $1.5 million in bonus and $6.4 million in stock awards.

[Continue reading the story here.]

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