Feeds

Microsoft to execs: Please don't leave us. Here, have some shares

Needs 'continuity' after Ballmer's departure

Intelligent flash storage arrays

Microsoft will grease the palms of its most senior people with a lavish smattering of shares in a bid to prevent them following chief exec Steve Ballmer out the door.

Ballmer finally handed in his notice at Microsoft in late August as the company flies low on the back of its disastrous Surface slab push and a rehashed re-imagined Windows 8 operating system.

Redmond wants to head off any unforeseen departures of senior folk and has amended its Corporate Executive Officer Plan, it confirmed in an SEC filing.

"The company may from time to time make awards to executive officers under the Services Based Awards Agreement to achieve a range of objectives," the filing stated.

These special reward include ensure "continuity of key leaders during the transition to a new chief executive", and to preserve "our competitive position".

Microsoft did not name the execs who are in line for the windfall but confirmed that these awards will be in the form of additional shares, ranging between 25 to 150 per cent of the normal yearly bonuses. ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.