Microsoft Nominates Stripe Co-founder to Board, Cuts Nadella Pay 6%
Microsoft asked shareholders to approve a $90.6 million pay package for CEO Satya Nadella, down 6% from $96.4 million last year. Falling Xbox revenue dragged down his target bonus, while other business units met or exceeded targets. A Stripe co-founder was nominated to the board.
- Nadella's package is $90.6M, down from $96.4M a year earlier
- Bonus cut due to declining Xbox revenue
- Other business units met or exceeded targets
- Stripe co-founder nominated to the board
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