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Microsoft CEO Satya Nadella's compensation will now be based 50% on whether he achieves goals like growing its cloud business and adding more Teams chat app users

Posted On: Oct 22, 2020   |   Posted By: Business Insider

Microsoft CEO Satya Nadella's compensation will now be based 50% on whether he achieves goals like growing its cloud business and adding more Teams chat app users

Summary List Placement
Microsoft has adjusted Satya Nadella's compensation to base more of the CEO's pay on whether the company achieves certain goals, like growing its cloud business and Teams chat app, according to the company's annual securities filing released this week.
Now, half of Nadella's compensation will be made up of performance stock awards, which the company's board awards based on whether the company meets certain performance metrics. That's an increase from the previous fiscal year, when performance stock awards accounted for 36% of Nadella's pay.
The change is significant as Microsoft shifts the priorities that determine performance stock awards for executives. The awards are based on metrics such as growing cloud revenue and subscribers, Teams monthly active usage, Xbox Game Pass subscribers , Surface hardware revenue, and LinkedIn user sign-ins.
Microsoft this year has also adjusted the weight for each of those metrics to make Teams a bigger priority, which RBC Capital Markets analyst...

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