Microsofts Steve Ballmer Gets Raise. Kevin Turner Still Makes Way More
Posted in: Microsoft, Miscellaneous Tech, steve ballmer, Today's Chili, windows 7
Steve Ballmer is back, baby. The Microsoft chief received a 5.8 percent raise for 2010, bringing his salary up to $1.34 million. That’s up from $1.26 in 2009. It puts him roughly around the level that he was making in 2008.
According to The Seattle Times, “[Ballmer] received 100 percent of his targeted incentive pay. The board could have awarded up to 200 percent.”
Ballmer also received a good share less than many of his peers at other companies–and even some of his co-workers. Take, for example, Microsoft COO Kevin Turner, who nearly doubled his 2009 earnings in 2010, pulling in an impressive $10.4 million, according to Microsoft’s filings with the Securities and Exchange commission.
The Microsoft board–Ballmer’s bosses, more or less–praised the chief for the “strong financial year” and the “successful product launches” of Windows 7, Office 2010, and more, but docked him for the swift failure of the Microsoft Kin and the company’s overall lackluster performance in the mobile space.
Great, that’s all we need–more reasons for the guy to scream.
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