Microsoft CEO Satya Nadella gets 63% hike despite asking for a pay cut in 2024

Microsoft CEO Satya Nadella received a pay package of $79.1 million in fiscal year 2024, marking a 63% increase from the prior year. His total compensation would have been $5.5 million higher had he not asked the board for a pay cut. He requested a reduction in cash incentive "to reflect his personal accountability" following multiple cybersecurity breaches, Microsoft said.