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 Janet I. Tu.
Topic: proxy statement; compensation
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October 3, 2013 at 2:58 PM
Microsoft CEO Steve Ballmer received $1.26 million in total compensation in fiscal 2013, down from 2012, largely a result of weak Windows 8 and Surface sales.
The total included a base salary of $697,500 and a bonus of $550,000, which represents only 79 percent of his target award for the fiscal year ended June 30, according to Microsoft’s proxy statement, filed today. (In fiscal year 2012, Ballmer had received 91 percent of his target award bonus, and 100 percent the year before that.)