Satya Nadella’s karma is in mint condition. The Microsoft CEO who recently suggested women not ask for raises but depend on “karma” instead was awarded an annual compensation package worth $84.3M, mostly in the form of one-time stock awards.
Nadella is slated to receive stock worth an estimated $59.2 million under a long-term incentive scheme that stretches out over seven years and is dependent on Microsoft’s shares beating the Standard & Poor’s 500 index. He got a further award worth $13.5 million to stay at the company while it was searching for its next CEO.
Excluding those one-time stock awards, Nadella’s pay package totalled $11.6 million this year, including $918,000 in salary, a $3.6 million cash bonus, and an annual stock award valued at just over $7 million.