Tags: Microsoft | Ballmer | Bonus | online

Microsoft Cuts Ballmer's Bonus on Slow Progress in Online Unit

Tuesday, 09 Oct 2012 08:24 PM

Microsoft Corp. trimmed the fiscal 2012 bonus for Chief Executive Officer Steve Ballmer, citing slower-than-planned progress in the company’s online services division and the failure to comply with an agreement with European regulators.

Ballmer’s bonus was $620,000 in the period, short of the full target award and lower than $682,500 a year earlier, according to a regulatory filing Tuesday. Ballmer’s salary was $685,000.

© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
Companies
Microsoft trimmed the fiscal 2012 bonus for CEO Steve Ballmer, citing slower-than-planned progress in the company's online services division and the failure to comply with an agreement with European regulators.
Microsoft,Ballmer,Bonus,online
63
2012-24-09
Tuesday, 09 Oct 2012 08:24 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved