Feeds

Bill and Ballmer's bonuses shrink

Poor billionaires

Remote control for virtualized desktops

Bill Gates and Steve Ballmer saw their salaries go up slightly, but watched their bonuses shrink by $50,000 in 2006.

The top two at Microsoft got paid $616,667 in salary and received a $350,000 bonus - down from $400,000 in 2005.

Ballmer also got some $9,482 for "all other compensation" - while Bill Gates got $2,112.

A proxy statement, given to the Securities and Exchange Commission, says: "The compensation of Messrs Ballmer and Gates reflects their status as significant shareholders of the company. Their salaries and total compensation are significantly below competitive levels for the information technology industry and large market capitalisation US companies. The average CEO salary and bonus for the comparison group the company uses were $1.329m in base salary and $3.216m in bonus."

The two should be able to survive on their below par salaries though - the Forbes Rich list estimates William Gates III is worth $50bn and Steve Ballmer's net worth is $13.6bn.

The statement also said the board will consider several shareholder proposals. The first of these summarises Microsoft's actions in China, including shutting down dissident blogs. The proposal calls on Microsoft to stop doing business with any "foreign" government or agency that denies human or labour rights. The board recomends voting against this proposal.

The second proposal is: "The shareholders request that Microsoft form a committee to explore ways to formulate an equal employment opportunity policy which complies with all federal, state and local regulations but does not make reference to any matters related to sexual interests, activities or orientation." The board again calls for a vote against this proposal.

Microsoft is also reducing its board of directors to just nine people after the retirement of Ann McLaughlin Korologos on 14 November 2006.

The statement is here. ®

Internet Security Threat Report 2014

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Microsoft: Your Linux Docker containers are now OURS to command
New tool lets admins wrangle Linux apps from Windows
Microsoft adds video offering to Office 365. Oh NOES, you'll need Adobe Flash
Lovely presentations... but not on your Flash-hating mobe
You stupid BRICK! PCs running Avast AV can't handle Windows fixes
Fix issued, fingers pointed, forums in flames
HTML5 vs native: Harry Coder and the mudblood mobile app princes
Developers just want their ideas to generate money
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.