Sinofsky, Ballmer Executive Pay Diminished Over Browser Ballot Issue
By on October 10th, 2012

On Tuesday, the latest Proxy statement filed by Microsoft to the Securities and Exchange Commission for the fiscal year 2012 was released, providing us with a glimpse at how the company’s “named executive officers” were compensated and graded by the board of directors.

For one, out of the entire lineup of executives, CEO Steve Ballmer was the least compensated, receiving an “incentive plan award” of $620,000 for fiscal 2012; 91% of his eligible target award. When added to his base salary each year of $685,000 and all other compensation, he received a total of $1,318,128. By choice, Ballmer received no equity.

Steven Sinofsky, President of the Windows and Windows Live Division, received an incentive award of $7.65 million, which is 90% of his possible incentive award. Sinofsky’s total compensation is $8,583,732. Sinofsky and Ballmer were praised by the board of directors for the completion of Windows 8, Windows 7 enterprise adoption, the Surface, and IE market share growth, but were reprimanded over the European browser ballot issue.

The highest paid executive was Kevin Turner, the company’s Chief Executive Officer, who received a total of $10,683,671 in compensation. Kurt DelBene, President of the Office Division received a total of $7,906,725, and Peter Klein, Chief Financial Officer, received $5,108,836 in total compensation.

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Author: Paul Paliath Google Profile for Paul Paliath
I founded and regularly wrote blog posts on GeekSmack from 2008 until 2011, when I failed at running a blog. I now write about Microsoft for Techie-Buzz. When not writing blog posts, I'm usually found designing websites and learning how to code. You should follow me on Twitter here.

Paul Paliath has written and can be contacted at paul@techie-buzz.com.
 
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