Microsoft CEO Satya Nadella's Compensation For 2024 Skyrockets Despite Cybersecurity Attack

Benzinga

Microsoft awarded CEO Satya Nadella more than $79 million for the 2024 fiscal year, a significant increase from $48 million in the previous year. The pay raise would have been over $5 million higher if not for a series of cyberattacks. Nadella requested that the cash incentive portion of his pay be reduced to reflect these security issues. Nadella stated that the company's focus would now prioritize cybersecurity efforts.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Microsoft awarded CEO Satya Nadella more than $79 million for the 2024 fiscal year,

00:08a significant increase from $48 million in the previous year.

00:12The pay raise would have been over $5 million higher if not for a series of cyber attacks.

00:17Nadella requested that the cash incentive portion of his pay be reduced to reflect

00:21these security issues. Nadella stated that the company's focus would now

00:25prioritize cybersecurity efforts. For all things money, visit Benzinga.com

00:30gstv

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