Feeds

Bill and Ballmer's bonuses shrink

Poor billionaires

Top 5 reasons to deploy VMware with Tegile

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Microsoft to bake Skype into IE, without plugins
Redmond thinks the Object Real-Time Communications API for WebRTC is ready to roll
Mozilla: Spidermonkey ATE Apple's JavaScriptCore, THRASHED Google V8
Moz man claims the win on rivals' own benchmarks
Microsoft promises Windows 10 will mean two-factor auth for all
Sneak peek at security features Redmond's baking into new OS
FTDI yanks chip-bricking driver from Windows Update, vows to fight on
Next driver to battle fake chips with 'non-invasive' methods
DEATH by PowerPoint: Microsoft warns of 0-day attack hidden in slides
Might put out patch in update, might chuck it out sooner
Ubuntu 14.10 tries pulling a Steve Ballmer on cloudy offerings
Oi, Windows, centOS and openSUSE – behave, we're all friends here
Apple's OS X Yosemite slurps UNSAVED docs into iCloud
Docs, email contacts... shhhlooop, up it goes
Was ist das? Eine neue Suse Linux Enterprise? Ausgezeichnet!
Version 12 first major-number Suse release since 2009
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
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.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.