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Unfortunately, the HN title misses (probably because of the char limit) the fact that his total compensation still went up: > Microsoft CEO Nadella asked for p
by diggan 2y ago
Unfortunately, the HN title misses (probably because of the char limit) the fact that his total compensation still went up:
> Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
> Nadella received $79.1 million for the fiscal year that ended June 30, up from $48.5 million in the prior year, according to a proxy filing Thursday. Most of his pay is in the form of stock. The board’s compensation committee said Nadella asked that the cash incentive portion reflect the security issues.
The ongoing sentiment remains true: There are no real punishments for security failures
- choppaface 2y agoAlso missing that he oversaw layoffs of 2550 https://www.eurogamer.net/microsoft-ceos-pay-rises-63-to-73m-despite-devastating-year-for-layoffs https://www.eurogamer.net/microsoft-ceos-pay-rises-63-to-73m...