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onehandle

(51,122 posts)
Wed Oct 10, 2012, 01:00 PM Oct 2012

Microsoft CEO's bonus trimmed for Windows, browser misstep

Source: Reuters

(Reuters) - Microsoft Corp Chief Executive Steve Ballmer got a lower bonus than last year's, partly for flat sales of Windows and his failure to ensure that the company provided a choice of browser to some European customers.

Ballmer, who took over as CEO from co-founder Bill Gates in 2000, earned a bonus of $620,000 for Microsoft's 2012 fiscal year, which ended in June, down 9 percent from the year before, according to documents filed Tuesday with the U.S. Securities and Exchange Commission.

His salary -- low by U.S. corporate standards -- remained essentially flat at $685,000.

It is the third year in a row that Ballmer has not earned his maximum bonus, set at twice his salary.

Read more: http://www.reuters.com/article/2012/10/09/us-microsoft-ceo-idUSBRE8981GF20121009





Good. Bill Gates' useless college roommate should have been fired years ago. He's ruined Microsoft.

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Microsoft CEO's bonus trimmed for Windows, browser misstep (Original Post) onehandle Oct 2012 OP
Too bad - "Calmer" Balmer" only gets 1.3 million.... I'll say a prayer for him tonight. n/t AAO Oct 2012 #1
Thats just not American liberal N proud Oct 2012 #2

liberal N proud

(60,338 posts)
2. Thats just not American
Wed Oct 10, 2012, 07:49 PM
Oct 2012

CEO's are supposed to get bonuses when they fuck up.

The company I work for lost its biggest customer, the CEO got up in front of the company and said it was the right decision and in the next breath, literally told everyone the are cutting the company to the bone so he can get his bonus.

I don't know how much longer I will have a job.

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