Microsoft CEO Satya Nadella is among the most acknowledged know-how leaders on this planet. Identified for his imaginative and prescient and enterprise acumen, Nadella led Microsoft to new heights after assuming management of the corporate. Along with being the CEO of one of many largest corporations on this planet, Satya Nadella can also be among the many highest-paid know-how CEOs. In accordance with a submitting with the US Securities and Trade Fee (SEC), Satya Nadella’s wage elevated by 63% in fiscal yr 2024, reaching virtually round $665 crores. The IIT graduate’s inventory awards noticed a big enhance when Nadella requested a discount in his money compensation, citing cybersecurity issues.
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In accordance with the file, Nadella took $46,26,85,025 lower in your money compensation. He was initially scheduled to obtain $10.7 million in money incentives, nonetheless, he solely acquired $5.2 million for fiscal yr 2024.
Studies point out that for fiscal yr 2024, Satya Nadella’s complete compensation contains $71.2 million (round $600 crore) in fairness awards. As well as, he’ll obtain 5.2 million {dollars} (roughly $44 crore) by a non-equity incentive scheme, a base wage of $2.5 million (greater than $21 million rupees) and $170,000 (roughly $15 lakh) in different types of compensation. Nonetheless, his money incentive has decreased from $10.7 million to $5.2 million, bringing his complete money earnings to roughly $7.87 million.
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Since taking up as CEO in 2014, Nadella has overseen a exceptional transformation at Microsoft, tripling the corporate’s income, which now stands at $245.1 billion, and quadrupling its web earnings to $88.1 billion.
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