Microsoft's sizzling AI-fueled rally pushes CEO Satya Nadella's total payouts to $1 billion
Microsoft has gone from strength to strength amid the AI boom – and it's helped push CEO Satya Nadella's total payouts from the company to $1 billion. , that's what his equity grants, salary, bonuses and dividends all add up to since he took the job in early 2014.
As an example, Nadella's total compensation was about $55 million in 2022, including a $2.5 million salary, $10 million in cash incentives, and $42 million in stock awards,But it's the near-1,000% rise in the company's share price since he became CEO that's largely behind the surge. after it announced a $30 AI subscription for its Office 365 platform. That's equivalent to the entire net worth of Amazon founder Jeff Bezos.
The Windows maker has enjoyed a 48% share rally this year after its $10 billion investment in OpenAI's large-language tool ChatGPT kicked off an AI frenzy among investors. The billion-dollar haul puts Nadella an elite club of CEOs that includes Apple's Tim Cook. Microsoft did not immediately respond to a request for comment from Insider, made outside normal working hours.
Frank Shaw, a Microsoft representative, told Bloomberg that Nadella did not have a net worth of $1 billion and declined to comment further.
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