Microsoft CEO Satya Nadella increased by 63% to $ 79 million at 2024 pay stock awards – CNBC TV18

Microsoft CEO Satya Nadella increased by 63% to $ 79 million at 2024 pay stock awards – CNBC TV18



Microsoft CEO Satya Nadella’s fiscal 2024 compensation was assisted by its stock awards in a year, when the market value of Tech Behemoth violated $ 3 trillion.

Stock Awards for Nadella, who earned $ 48.5 million in 2023, climbed from $ 39 million to about $ 71 million a year ago.

Microsoft’s shares increased by about 31.2% during the financial year ended on 30 June 2024.

Supported by her investment in Chatgpt maker Openai, Microsoft is widely seen in the rollout of generative artificial intelligence (AI) among other tech heavyweight in the rollout of the market dominance.

Also Read: Age of AI, modern work for gaming: The main highlights of the annual letter of Satya Nadella

However, Nadella’s $ 5.2 million cash incentive was less than $ 10.7 million, as he asked for a shortfall after several cyber security violations reported during the financial year as per the filing.

Among other high-profile take owners, Apple CEO Tim Cook earned $ 63.2 million in 2023.

Jensen Huang, CEO of AI-Chip veteran NVidia, was $ 34.2 million in FY 2024.

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