Gates will serve as Nadella's technical adviser after stepping down from board chairman role, while Ballmer will, at least for the foreseeable future, remain on the board of directors.Īlthough Nadella will be well compensated - one expert said Friday that his $1.2 million base salary was "pretty much right on market" for technology companies - he did not receive stock last fall when Microsoft handed out more than $60 million. Gates, however, is selling his stake on a planned rate of 80 million a year, and will relinquish the top individual stockholder crown to Ballmer by mid-year.
Bill Gates, co-founder and the company's first CEO, owns about 358 million shares (worth $13.8 billion), while just-replaced Steve Ballmer owns 332 million shares ($12.2 billion). Nadella will also be eligible for an even larger chunk of stock that, depending on Microsoft's performance in the stock market, could be as large as 2.7 million shares over the next seven years.Ĭompared to Microsoft's two ex-CEOs, however, Nadella is a pauper. After that, his vested shares slip each year from 2016 to 2018, when he will receive 117,962 shares.īy then, Nadella should have considerably more Microsoft stock in his portfolio, as he is scheduled to receive $13.2 million in stock grants for the 2015 fiscal year, which ends June 30, 2015, and each year after that. His biggest year will be 2015 when 265,842 shares vest, or 27% of the total. In 2014, Nadella will be handed 196,725 shares, or 20% of the outstanding balance.
Nadella actually owns just 113,666 of those shares the remainder are owed to him, assuming he remains with Microsoft, and will vest in several chunks this year and continuing through 2018.
0 kommentar(er)
