Microsoft’s Ballmer Got Half Maximum Bonus on Windows Sales
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Microsoft Corp. said Chief Executive Officer Steve Ballmer wasn’t awarded his full bonus for fiscal 2011, citing lower-than-expected sales of phones based on the company’s software and a drop in revenue in its Windows unit.
Ballmer, 55, received $1.38 million in pay, according to a filing with the U.S. Securities and Exchange Commission. That included a bonus equal to 100 percent of his base salary, half of the maximum he could have been awarded. Still, the board noted in the filing that it regards Ballmer as “underpaid.”