Microsoft CEO Steve Ballmer pay trimmed by 4%

Microsoft Corp. CEO Steve Ballmer's pay package fell 4 percent after his bonus was trimmed, partly due to slower-than-planned progress in the software company's online business and a drop in revenue at its Windows division.

Ballmer's pay dropped to $1.3 million from $1.4 million in Microsoft's latest fiscal year through June, according to an Associated Press review of a securities filing made Tuesday.

Ballmer, 56, got a performance-related bonus of $620,000, down from $682,500. His salary was little changed at $685,000.

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All other compensation, which included company contributions to a 401(k) retirement plan, rose 10 percent to $13,128.

Read more at: The Financial Express

Posted in: Business, CEO, Microsoft, Salary, Steve Ballmer