Microsoft had some ups and downs all the way through its remaining fiscal yr of 2024, which ended on June 30. However, that didn’t forestall the corporate from approving a large pay carry for its present CEO, Satya Nadella. It was once printed this week that Nadella had a whopping $79.1 million in inventory and money for the 2024 fiscal yr.

Microsoft printed how a lot Nadella was once paid by the use of a submitting to the US Securities and Exchange Commission (by the use of CNBC). The quantity was once a lot upper than the $48.5 million in inventory and money he won for the 2023 fiscal yr.

As with many CEOs of huge public corporations, nearly all of bills made to Nadella within the remaining fiscal yr have been made within the type of Microsoft inventory choices. He was once meant to additionally get $10.66 million in money incentives and bonuses. Still, in step with the SEC submitting, Nadella for my part asked that a part of his cost be diminished to “just” $5.2 million.

That was once because of Microsoft’s efforts to carry itself answerable for a sequence of safety breaches all the way through the 2024 fiscal yr. One took place in the summertime of 2023 when a Chinese-based workforce were given get entry to to Outlook e mail accounts in america and Europe. Later, in early 2024, a Russia-based workforce accessed the e-mail accounts of a few of Microsoft’s most sensible executives.

Microsoft mentioned it made sweeping adjustments to its safety efforts following those incidents, claiming in May that safety was once the corporate’s most sensible precedence above the whole thing else. In June, Microsoft mentioned that it might adjust bonuses, even for its most sensible leaders, relying on how they for my part contributed to safety enhancements.

According to this week’s SEC submitting, Microsoft mentioned that whilst Nadella felt that the corporate’s total “performance was extremely strong” all the way through the remaining fiscal yr, it added that he asked that Microsoft’s Board of Directors “reduce his cash incentive” so he may take some “personal accountability for the focus and speed required for the changes that today’s cybersecurity threat landscape showed were necessary.”

Even with that reduce in money bonuses in comparison to what it will were with out the safety problems, it is transparent that Nadella remains to be an excessively well-paid CEO for Microsoft.