The company bought back $19.54 billion in shares last year. "Nadella's 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," Microsoft's independent directors said in a proxy statement released on Wednesday.

Microsoft CEO Steve Ballmer received a $685,000 salary and a $620,000 bonus in fiscal 2012.

Nadella's pay structure contrasts with a more unorthodox model, like that of Elon Musk, whose compensation plan consists of a potentially massive payout contingent on Tesla achieving some very ambitious business and stock-market goals that could either be worth billions or nothing in the long run. Microsoft CEO Satya Nadella earned $42.9 million in total compensation for the fiscal year 2019 -- a 66 per cent raise compared with the previous fiscal year, the company has announced. That’s up from a 249-to-1 ratio last year. ................................ Advertisement ................................ Satya Nadella Gets 66% Pay Hike In 2018-19. Mr Nadella received a hike of $1 million in base salary and an increase in stocks.

The company will hold its annual shareholders meeting on December 4.

Microsoft CEO Satya Nadella earned $42.9 million in total compensation for the fiscal year 2019 -- a 66 per cent raise compared with the previous fiscal year, the company has announced.

According to Microsoft's annual proxy statement revealed late

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"Strong execution of his vision around an intelligent cloud has clearly been the driver of growth for this company.". The … For example, Exxon Mobil CEO Darren Woods' 2018 compensation of $18.8 million was a mix of a $1.4 million salary, $2.5 million bonus, $11.6 million in stock awards, and $3.3 million in pension and other compensation.

"The new share repurchase programme, which has no expiration date, may be terminated at any time. A look into the tech transformations underway at the world's largest companies. The proxy includes an evaluation of Nadella’s performance in 2020 based on three categories: product and strategy, customers and stakeholders, and culture and organizational leadership.

In the previous fiscal year, the buybacks was worth $10.72 billion - all under Mr Nadella's tenure. "Microsoft's relative TSR was in the 97th percentile, resulting in Nadella earning and vesting in the maximum 900,000 shares," the company said in the filing. Chief Technology Officer salaries at Microsoft can range from $135,781 - $318,930. Per the SEC's rules for reporting CEO compensation, Tesla reported in a proxy statement earlier this year that Musk was awarded nearly $2.3 billion in stock options in 2018 under the terms of the compensation agreement — over 50 times Nadella's total reported 2019 compensation. Subscribe to GeekWire's free newsletters to catch every headline.

This estimate is based upon 20 Microsoft Chief Technology Officer salary report(s) provided by employees or … “The Board views his strong leadership of the Company’s actions in response to the unique challenges of 2020 as unparalleled,” the filing said, adding that “Mr. Nadella's $42.9 million pay package in 2019 represents a big jump up from the previous year, about 66% higher than his $25.8 million compensation in 2018.

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