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Top Microsoft Execs Get A Pay Cut
Appropriately top Microsoft executives, coming off the “worst year ever” for the company, are sharing some of the pain. As PaidContent reports, the top executives at the company took a compensation hit based on the sales and revenue declines. Here are some of the numbers:
- CEO Steve Ballmer $1.265 million vs. $1.34 million a year ago
- CFO Chris Liddell: $3.5 million vs. $4.8 million
- COO Kevin Turner: $5.4 million vs. $8.6 million
- Entertainment and Devices President Robbie Bach: $6.2 million vs. $8.3 million
The snark impulse is pretty strong and I’m trying not to write something very sarcastic about struggling to get by on $3.5 million — but I won’t.
This is appropriate action for the company at a time of underperformance. If you really want to dig into these salary figures you can read the SEC filing (page 16).