WOW!!!!!!!!!!!!!!!!!!!
Dec 3, 1:50 PM EST
By BRANDON BAILEY
AP Technology Writer
http://hosted.ap.org/photos/6/618de1e4-b3bf-4ece-90b5-f75456f2a04c-small.jpg
AP Photo/Ted S. Warren
SAN FRANCISCO (AP) -- Microsoft shareholders have approved an $84 billion pay package for new CEO Satya Nadella, despite concerns raised by an investor advisory group.
The tech giant has seen strong financial performance and its stock is up roughly 30 percent for the year. But the advisory group, Institutional Shareholder Services, said it has "significant concerns" about the size of stock grants awarded to Satya Nadella, who was named CEO in February. The group also cited plans to award future stock grants without setting what it considers adequate performance standards.
Full Article
Microsoft shareholders approve $84 billion CEO pay
Userlevel 7
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Userlevel 7
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That is a crazy amount of money!
Userlevel 7
+54
I don't think ANYBODY is worth that amount of money, when you consider the amount of people on low wages and in poverty it is obscene.
Userlevel 7
+56
Agreed. Some level of income inequality is necessary to motivate work and innovation, but when it gets to that level, the only purpose of having that much money is to control politics and other people.@ wrote:
I don't think ANYBODY is worth that amount of money, when you consider the amount of people on low wages and in poverty it is obscene.
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