TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Steve Ballmer gets less than 'A' grade in compensation

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Friday, Oct. 4, 2013, 12:01 a.m.
 

Microsoft CEO Steve Ballmer was awarded 79 percent of his target bonus for the year through June as the software giant cited falling profits for its Windows division and sluggish sales of the Surface tablet.

The $550,000 award was detailed in a securities filing on Thursday. It's tiny compared with Ballmer's $11.3 billion in Microsoft stock but shows board dissatisfaction. Ballmer said in August that he'll step down within 12 months.

His totall pay was valued at nearly $1.3 million, down 4 percent from the year before.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Faulty air bags in 30M vehicles
  2. Toyota Yaris adds French flair for ’15
  3. Mini goes mainstream
  4. Amazon investors’ patience wears thin
  5. Bond mutual funds continue to carry their weight
  6. Stocks rise broadly on earnings; Amazon sinks
  7. Motoring Q&A: ‘Check engine’ light doesn’t reset itself
  8. Sell-off reins in complacency
  9. First Niagara sets aside $45 million
  10. Duquesne University business center helping Hispanic startups
  11. PUC approves Columbia Gas pipeline extensions program for homeowners
Subscribe today! Click here for our subscription offers.