Oct 04

Microsoft’s CEO Steve Ballmer gets smaller bonus check due to weak Surface sales

Business Comments Off on Microsoft’s CEO Steve Ballmer gets smaller bonus check due to weak Surface sales

Steve Ballmer

Steve Ballmer got only $550,000 of his predicted $700,000 bonus check, because Microsoft woefully overestimated how many Surface tablets it would sell. Microsoft was forced to take $900 million hit to its earnings due to awful Surface sales. Ballmer got also last year a smaller bonus than planned. Last year Microsoft failed to provide a browser choice screen on European PCs running Windows, as required by an 2009 antitrust settlement. Ballmer will retire by the end of next summer and he won’t get a retirement payout from Microsoft, but he owns ca. 333 million shares of Microsoft. And this stake is worth almost $11,3 billion. Continue reading »

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