Heisenberg007
Gold Journalism
- Satya Nadella's 2023 compensation was $48,512,537 down from 2022's $54,946,310 compensation.
- Other C-suite members were hit even harder like Amy Hood and Brad Smith losing between 22-24%.
- The compensation amount for Satya Nadella is still 250-1 for the CEO-to-employee pay ratio.
~12 months ago, we learned that Xbox Game Pass missed its financial growth target for the second year in a row.
https://www.eurogamer.net/microsoft-misses-xbox-game-pass-growth-target-for-second-year-running
We have a breakdown of the compensation numbers and what it means on a larger scale.
How much does Microsoft CEO Satya Nadella make?
Microsoft CEO Satya Nadella made $48,512,537 down from $54,946,310 the prior year an astounding 250 to 1 ratio compared to the average Microsoft employee. Speaking of the average Microsoft employee, we recently reported on the new hire salary for several Microsoft positions. The other executives named in the filing document also had substantial decreases in their compensation.- Satya Nadella FY2023 compensation - $48,512,537, FY2022 - $54,946,310, FY2021 - $49,858,280
- Amy Hood FY2023 compensation - $19,902,897, FY2022 - $26,466,141, FY2021 - $23,466,141
- Judson Althoff FY2023 compensation - $16,204,718 FY2022 - $18,848,998, FY2021 - N/A
- Bradford Smith FY2023 compensation - $18,115,690 FY2022 - $23,408,739, FY2021 - $20,455,896
- Christopher Young FY2023 compensation - $9,815,914 FY2022 - $11,270,458, FY2021 - $28,495,083
Earlier, Microsoft laid off 10,000 employees.
In other news, Satya Nadella reiterated in a Business Insider interview that they'll continue doubling down on game development and publishing.
“When I think about Microsoft, I think of perhaps developer tools, proprietary software, and gaming,” the executive said. "Those are three things that we’ve done from the very beginning.”
“The way games are made, the way the games are delivered, is changing radically. Whether it’s mobile, or consoles, or PCs, or even the cloud. So, we’re looking forward to really doubling down both as a game producer and a publisher,” he said.
Source.
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