<p class="title">With Microsoft posting strong results, the company's CEO Satya Nadella has got a 66 per cent raise in 2018-19 fiscal, taking his total yearly earnings to a whopping USD 42.9 million, according to media reports on Thursday.</p>.<p class="bodytext">While Nadella, 52, has a base salary of a little over USD 2.3 million, most of his pay came from stock awards, reported CNN Business.</p>.<p class="bodytext">He received USD 29.6 million in stock award, USD 10,7 million in non-equity incentive plan compensation and around USD 111,000 in other compensation.</p>.<p class="bodytext">In a proxy statement, Microsoft's independent directors said, "The past fiscal year offered another record year for financial performance, and Microsoft delivered strong results for our shareholders, including a return of USD 30.9 billion in the form of share repurchases and dividends."</p>.<p class="bodytext">The directors credited Nadella for his "strategic leadership, including his efforts to strengthen trust with customers, drive for a company-wide culture change, and successful entry and expansion into new technologies and markets."</p>.<p class="bodytext">In the 2017-18 fiscal, the Hyderabad-born business executive had got a pay of USD 25.8 million.</p>.<p class="bodytext">Nadella became the CEO of Microsoft in 2014. Under his leadership, the company has become a major force in cloud computing.</p>.<p class="bodytext">In September, Microsoft hit an all-time high after the company raised its dividend and authorised a plan to buy back as much as USD 40 billion of its own stock, the CNN Business report said.</p>.<p class="bodytext">In comparison to Nadella, Apple CEO Tim Cook got a pay of USD 15.7 million in 2018 with USD 3 million in salary. Google CEO Sundar Pichai received USD 1.9 million in overall compensation. Bloomberg previously reported that Pichai turned down a stock award.</p>
<p class="title">With Microsoft posting strong results, the company's CEO Satya Nadella has got a 66 per cent raise in 2018-19 fiscal, taking his total yearly earnings to a whopping USD 42.9 million, according to media reports on Thursday.</p>.<p class="bodytext">While Nadella, 52, has a base salary of a little over USD 2.3 million, most of his pay came from stock awards, reported CNN Business.</p>.<p class="bodytext">He received USD 29.6 million in stock award, USD 10,7 million in non-equity incentive plan compensation and around USD 111,000 in other compensation.</p>.<p class="bodytext">In a proxy statement, Microsoft's independent directors said, "The past fiscal year offered another record year for financial performance, and Microsoft delivered strong results for our shareholders, including a return of USD 30.9 billion in the form of share repurchases and dividends."</p>.<p class="bodytext">The directors credited Nadella for his "strategic leadership, including his efforts to strengthen trust with customers, drive for a company-wide culture change, and successful entry and expansion into new technologies and markets."</p>.<p class="bodytext">In the 2017-18 fiscal, the Hyderabad-born business executive had got a pay of USD 25.8 million.</p>.<p class="bodytext">Nadella became the CEO of Microsoft in 2014. Under his leadership, the company has become a major force in cloud computing.</p>.<p class="bodytext">In September, Microsoft hit an all-time high after the company raised its dividend and authorised a plan to buy back as much as USD 40 billion of its own stock, the CNN Business report said.</p>.<p class="bodytext">In comparison to Nadella, Apple CEO Tim Cook got a pay of USD 15.7 million in 2018 with USD 3 million in salary. Google CEO Sundar Pichai received USD 1.9 million in overall compensation. Bloomberg previously reported that Pichai turned down a stock award.</p>