Steve Ballmer gets less than 'A' grade in compensation
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
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- DeVry shift to online classes prompts closing of Pittsburgh campus
- Comcast abandons Time Warner Cable merger deal amid regulators’ pushback
- Tech sector drives gains on Wall Street
- What price safety? Cost of crash prevention is roadblock
- Guessing approach can result in big bill
- Acura ILX strikes balance
- Kings Family Restaurants sold to California firm
- Airlines’ bottom lines soar on cheaper fuel
- Mylan raises bid for fellow drugmaker; Perrigo says ‘no’
- Lexus sport coupe has youthful appeal, power
- GetGo to hire 300 workers