Microsoft CEO Satya Nadella's pay rose 63% to $79.1 million for the year to June 30.The tech leader requested a lower cash incentive than planned

Microsoft CEO Satya Nadella’s fiscal 2024 compensation surged 63% to $79.1 million.

Nadella reportedly set to earn over $79 million in 2024

Microsoft CEO Satya Nadella's fiscal 2024 compensation surged 63 per cent to $79.1 million, according to a filing on Thursday, helped by his stock awards in a year when the tech behemoth's market value breached $3 trillion. Stock awards for Nadella, who earned $48.5 million in 2023, climbed to about $71 m

Microsoft Corp. Chief Executive Officer Satya Nadella received a pay package worth $79.1 million for fiscal 2024, a 63% increase from the prior year as the software maker worked to extend its strong position in artificial intelligence tools.

Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.

Microsoft CEO Satya Nadella's fiscal 2024 compensation surged 63% to $79.1 million, according to a filing on Thursday, helped by his stock awards in a year when the tech behemoth's market value breached $3 trillion.

Microsoft's success on Wall Street is parlaying into a compensation bump for its CEO.