Microsoft CEO Satya Nadella's Compensation For 2024 Skyrockets Despite Cybersecurity Attack

Microsoft awarded CEO Satya Nadella more than $79 million for the 2024 fiscal year, a significant increase from $48 million in the previous year. The pay rai...

Microsoft CEO Satya Nadella's Compensation For 2024 Skyrockets Despite Cybersecurity Attack
Benzinga
520 views • Oct 25, 2024
Microsoft CEO Satya Nadella's Compensation For 2024 Skyrockets Despite Cybersecurity Attack

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Microsoft awarded CEO Satya Nadella more than $79 million for the 2024 fiscal year, a significant increase from $48 million in the previous year. The pay raise would have been over $5 million higher if not for a series of cyberattacks. Nadella requested that the cash incentive portion of his pay be reduced to reflect these security issues. Nadella stated that the company's focus would now prioritize cybersecurity efforts.

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520

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0:32

Published

Oct 25, 2024

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