Microsoft CEO Satya Nadella's first big hire got a $7.8 million signing bonus
Bloomberg West
When Microsoft CEO Satya Nadella convinced Johnson to work for the company as its VP of business development after 24 years at San Diego's Qualcomm, he sweetened the offer with a $7.8 million signing bonus.
Thanks to that one-time bonus, Johnson's total annual pay for fiscal 2015 adds up to a hefty $14.53 million.
The compensation detail comes from Microsoft's proxy statement, basically a cheat sheet for shareholders ahead of its annual shareholder meeting in December, and was confirmed by a Microsoft spokesperson.
Johnson's overall $14.53 million pay package puts her just below Nadella, who made just shy of $18.3 million in the fiscal year ending June 2015. But it puts her ahead of Kevin Turner, traditionally the highest-paid exec after the CEO at Microsoft, with almost $12.2 million.
It's also worth noting that Johnson's $7.8 million signing bonus is a mix of cash and stocks, so she won't be able to cash out entirely until her stock vests in 2018.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh