TribLIVE

| Business


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

Steve Ballmer gets less than 'A' grade in compensation

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. Hiring in shale industry shifts to skilled workers
  2. Pittsburgh Brewing Co. tries to reconnect with region, return to glory days
  3. EPA hearings to bring coal debate to Pittsburgh streets
  4. Groups stand against ‘sub-minimum’ wage for workers with disabilities
  5. Central Blood Bank parent in merger talks with Florida system
  6. Dollar Tree buying Family Dollar for $8.5 billion
  7. Construction of $500M power plant in South Huntingdon stalled
  8. Not all pleased about jobs
  9. Car dealers find silver lining in cloud of vehicle recalls
  10. Plug-in Accord makes gas station visits rare
  11. Look out for auto insurance discounts
Subscribe today! Click here for our subscription offers.