4. Bradford L. Smith
Brad Smith, Microsoft’s president and chief legal officer, received about $20.5 million in total compensation in fiscal year 2021, a 23 percent increase year over year. Smith’s title changed to president and vice chairman on Sept. 14, according to Microsoft.
He received a salary of about $943,000, a 10 percent increase year over year. He received stock awards worth about $15.1 million, a 22 percent increase year over year. That stock value includes an on-hire award value of $17.5 million.
Microsoft gave Smith non-equity Incentive Plan compensation worth about $4.3 million, a 31 percent increase year over year. Smith received about $110,000 in other compensation.
Among his key results for the fiscal year, Smith “brought clear focus on the criticality of security, including effective public outreach to governments and testimony before multiple congressional committees” and “took additional action to disrupt nation-state and criminal activity, advance international norms, and create an internal geo-political intelligence capability,” according to Microsoft.
He also “surpassed Global Skills Initiative goal to bring digital skills to 25 million people worldwide and doubled down on efforts to support a more inclusive skills-based labor market, including extended free content and certification offerings to the end of 2021” and “introduced a comprehensive annual regulatory review to further strengthen compliance with global regulation in six fields – privacy, cybersecurity, national security, lawful access, digital safety, and responsible AI.”