Ballmer gets less than 'A' grade in compensation

Oct 04, 2013 by Ryan Nakashima

Microsoft CEO Steve Ballmer was awarded 79 percent of his target bonus for the year through June as the software giant cited falling profits for its Windows division and sluggish sales of the Surface tablet.

The $550,000 award was detailed in a securities filing Thursday. It's tiny compared with Ballmer's $11.3 billion fortune in Microsoft stock but shows board dissatisfaction. Ballmer said in August that he'd step down within 12 months.

Ballmer has long requested relatively low pay for the CEO of a major U.S. company. His wealth is already tied to Microsoft's fortunes.

His totall pay was valued at nearly $1.3 million, down 4 percent from the year before.

The Associated Press' calculation counts salary, bonuses, perks and stock and options awarded to an executive during the year.

Explore further: Oracle CEO Ellison's pay drops 18 pct to $78.4M

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Oracle CEO Ellison's pay drops 18 pct to $78.4M

Sep 21, 2013

The value of Oracle founder and CEO Larry Ellison's pay package dropped 18 percent in fiscal 2013, to $78.4 million, after the company missed its internal financial targets and he declined his annual cash bonus.

Microsoft CEO Ballmer pay slips 4 pct to $1.3M

Oct 10, 2012

(AP)—Microsoft Corp. CEO Steve Ballmer's pay package fell 4 percent after his bonus was trimmed, partly due to slower-than-planned progress in the software company's online business and a drop in revenue at its Windows ...

At a Glance: Microsoft CEO Ballmer's ups and downs

Aug 24, 2013

Microsoft CEO Steve Ballmer announced on Friday that he plans to retire from the world's biggest software company after more than 13 years at its helm. Here's a look at the ups and downs of his tenure:

Microsoft to face many questions from analysts

Sep 23, 2013

Amid the largest corporate restructuring in its nearly 40-year history, and what is viewed by many as a risky $7 billion acquisition of Nokia Corp.'s mobile-handset business, Microsoft Corp. meets with Wall Street analysts ...

Microsoft CEO sees Windows as key to growth plan

Sep 14, 2011

(AP) -- Microsoft CEO Steve Ballmer expects the Windows operating system to be "front and center" in the software maker's growth strategy despite a recent slowdown in personal computer sales.

Recommended for you

Netflix unveils new way to share recommendations

12 hours ago

Netflix is giving its Internet video subscribers a more discreet way to recommend movies and TV shows to their Facebook friends after realizing most people don't want to share their viewing habits with large ...

Job listing service ZipRecruiter raises $63 million

Sep 01, 2014

ZipRecruiter, a California start-up that tries to simplify tasks for recruiters, has raised $63 million in initial venture capital funding as the 4-year-old service races to keep up with growing demand.

User comments : 0