Cloud News
Microsoft’s Top Compensated Execs In 2022; Satya Nadella Leads With $55M
Wade Tyler Millward
Microsoft CEO Satya Nadella’s total compensation was $54.9 million for the fiscal year, about 10 percent more year over year.
Microsoft CEO and Chairman Satya Nadella’s total compensation surpassed $50 million for the 2022 fiscal year, the tech giant revealed in its latest proxy statement.
Including his base salary, stock awards and non-equity incentive plan awards, Nadella’s total compensation was $54.9 million for the fiscal year, about 10 percent more year over year. The fiscal year for Redmond, Wash.-based Microsoft ended June 30.
The pay packages of four other Microsoft executives were disclosed in filings with the U.S. Securities and Exchange Commission.
[RELATED: Here Were Microsoft’s Top Paid Executives In 2021]
Microsoft brought in $198.3 billion in revenue during fiscal year 2022, an increase of 18 percent year over year. Operating income increased 19 percent to $83.4 billion. Net income increased 19 percent to $72.7 billion, according to the cloud vendor.
Highlights of the fiscal year included Microsoft Cloud revenue of $91.2 billion, up 32 percent year over year, according to the company. Office Commercial products and cloud services revenue increased 13 percent and Office Consumer products and cloud services revenue increased 11 percent.
Click through the slideshow to see how much the top brass at Microsoft reported in total compensation this past fiscal year.
