Microsoft's Steve Ballmer Gets Modest Pay and a 'B' Grade From Board

Steve Ballmer, CEO of Microsoft (MSFT), made $1.34 million in the fiscal year that ended June 30, 2010, a 5.8% increase over the previous year. The board of directors said in the firm's annual proxy statement that Ballmer had done a good job with expense control and the launch of Windows 7. He also got high marks for the move into cloud computing by the world's largest software company and the successful releases of several of the firm's server and enterprise software products.

But Ballmer's total compensation was nicked by the unsuccessful launch of the Kin handset and trouble with the firm's mobile software strategy. In other words, the board saw what Wall Sreet did. Microsoft's move into the smartphone business has been a failure thus far as Google (GOOG) and Apple (AAPL) have made major strides. Ballmer's relatively modest salary, however, will not sting too much. He owns 408 million shares in Microsoft stock, according to the proxy. Founder and chairman Bill Gates owns 621 million.

Several other Microsoft managers had a better year than Ballmer in total comp. Chris Liddell made $2.2 million, although he left the company to become CFO of GM in January. And Kevin Turner, the company's COO who joined from Walmart (WMT), made $10.4 million. All of the top officers of the company have base cash comps of a little over $600,000. The balance of their pay came in the form of bonuses and stock options.

The only senior manager who made substantially less than Ballmer was Steve Elop, who left the company to run Nokia (NOK) two months ago.

A look at the proxy shows just how much turnover there has been at the company. Only time will tell whether that was good or not.

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Amanda Jo

Wow, one guy made 10million? And I work hard and only make about 30k per year!

October 01 2010 at 2:54 PM Report abuse rate up rate down Reply
wurkinman1

And what ? I am supposed to feel sorry for them !!!!!!!!!!NOT

October 01 2010 at 2:29 PM Report abuse +2 rate up rate down Reply
hemipwr54

Too bad , go Google ! Notice how AOL has shied away from running any more articles about the economy . The Market surged at the end of the month as usual , nothing new , the greedy just can't stop themselves . What sound does a Millionaire make when they lose all their money ? SPLAT ! Gates and Buffett are still moving money from the market to safer places , wonder what's going on ? Do they see something we don't ? A stock crash maybe ?

October 01 2010 at 11:06 AM Report abuse rate up rate down Reply
1 reply to hemipwr54's comment
lazyh

Big deal. Eric Schmidt (Google CEO) works for a salary of $1 per year.

October 01 2010 at 3:12 PM Report abuse rate up rate down Reply
daveswrath0704

hell gave me 500,000 years and i run to the bank smiling all the way as ceo there not one peason in USA think and know some one should make more and not have to work for it

October 01 2010 at 9:48 AM Report abuse rate up rate down Reply
2 replies to daveswrath0704's comment
jbroskoski3

Yeah, you sound like you could run a billion dollar company...

October 01 2010 at 10:01 AM Report abuse +3 rate up rate down Reply
Jay

Presumably your post was incoherent for some other reason than being in a hurry to get to a Mensa meeting.

October 01 2010 at 10:16 AM Report abuse +1 rate up rate down Reply
Sam J. Achilli

Too Bad,,,, GO APPLE.........

October 01 2010 at 9:17 AM Report abuse rate up rate down Reply