Microsoft CEO Nadella's 2024 pay rose 63% to $79 million on stock awards
- Posted on October 24, 2024
- By Yahoo News
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Microsoft CEO Nadella's 2024 pay rose 63% to $79 million on stock awards
Stock awards for Nadella, who earned $48.5 million in 2023, climbed to about $71 million from $39 million a year earlier. Microsoft's shares had gained about 31.2% during the fiscal year ended June 30, 2024. Backed by its investment in ChatGPT maker OpenAI, Microsoft is widely seen as a frontrunner in the race for market dominance in the rollout of generative artificial intelligence (AI) among other tech heavyweights.