Today's Hard|Forum Post
Today's Hard|Forum Post

Monday October 03, 2011

Microsoft CEO Bonus Lags on Phone, Tablet Results

I like how people complain about excessive executive bonuses, some in the tens of millions, then turn around and clown CEOs if they get smaller bonuses. Hell, I'll gladly take one of those "bad" $700k bonuses. big grin

Microsoft Corp Chief Executive Steve Ballmer failed to clinch his maximum bonus for the second year running due to the company's slow progress in mobile phones and adapting to the tablet computer revolution. Ballmer, 55, got a bonus of $682,500 for the latest fiscal year, matching his annual salary, according to a filing with securities regulators on Monday. Under his bonus scheme, he was eligible to receive between zero and double his salary.