Feeds

Poor miserable Ballmer's pay SLASHED to a measly $1.26m

How will he ever survive?

Boost IT visibility and business value

Failings on Windows 8 and a crippling Surface writedown have seen Steve Ballmer’s pay docked for a second year in succession.

Microsoft’s outgoing chief executive received a total package of $1.26m – a base salary or $697,500 and a bonus of $500,000, according to Microsoft’s 2013 proxy statement.

Ballmer’s bonus was just 79 per cent of his eligible total under the Microsoft compensation plan. In 2012, his bonus was $685,500 on top of a $682,500 salary, producing a total award of $1.38m.

According to Microsoft’s proxy:

“While the launch of Windows 8 in October 2012 resulted in over 100 million licenses sold, the challenging PC market coupled with the significant product launch costs for Windows 8 and Surface resulted in an 18 per cent decline in Windows Division operating income.

"Slower than anticipated sales of Surface RT devices and the decision to reduce prices to accelerate sales resulted in a $900m inventory charge."

The disaster with Surface RT and the Windows 8 flump were not sufficient to offset Ballmer’s achievement as a whole, which included record revenue of $77.8bn and operating income of $26.7bn for the fiscal year 2013.

On the other end of the scale was Server and Tools president Satya Nadella, who scored a cash award that was 105 per cent of his target - $1.58m. He was rewarded for continuing to grow the group’s revenue – the group is one of Microsoft’s biggest cash cows.

Other C-level winners were chief operating officer Kevin Turner, chief financial officer Amy Hood and Office president Kurt Delbene who all got 100 per cent of their package. ®

Build a business case: developing custom apps

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Banking apps: Handy, can grab all your money... and RIDDLED with coding flaws
Yep, that one place you'd hoped you wouldn't find 'em
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
Netflix swallows yet another bitter pill, inks peering deal with TWC
Net neutrality crusader once again pays up for priority access
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.