what is the salary of the ceo of microsoft
$84.3 million $84.3 million (2018)
title: Microsoft text: Microsoft Microsoft Corporation (MS) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports and sells computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. As of 2016, it is the world's largest software maker by revenue, and one of the world's most valuable companies. The word "Microsoft" is a title: Microsoft text: board of directors made up of mostly company outsiders, as is customary for publicly traded companies. Members of the board of directors as of January 2018 are Bill Gates, Satya Nadella, Reid Hoffman, Lee Johnson, Teri L. List-Stoll, Charles Noski, Helmut Panke, Sandi Peterson, Penny Pritzker, Charles W. Scharf, Arne Sorenson, John W. Stanton, John W. Thompson and Padmasree Warrior. Board members are elected every year at the annual shareholders' meeting using a majority vote system. There are five committees within the board which oversee more specific matters. These committees include the Audit Committee, which handles accounting issues with the title: Executive compensation in the United States text: other half in vested restricted stock, and gains from exercised stock options. In the previous year (2002), it found salary and bonuses averaged $2 million. Annual base salary in large publicly owned companies is commonly $1 million. Salary paid in excess of $1 million is not tax deductible for a firm, though that has not stopped some companies from going over the limit. In the other direction, "some of the largest and most successful corporation" in the US—Google, Capital One Financial, Apple Computer, Pixar—paid a CEO annual salary a token $1—i.e. their pay was all in bonuses, options and or title: Microsoft text: portmanteau of "microcomputer" and "software". Microsoft is ranked No. 30 in the 2018 Fortune 500 rankings of the largest United States corporations by total revenue. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Microsoft Windows. The company's 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has increasingly diversified from title: Satya Nadella text: of the company's business and technology culture from client services to cloud infrastructure and services. He has been credited for helping bring Microsoft's database, Windows Server and developer tools to its Azure cloud. The revenue from Cloud Services grew to $20.3 billion in June 2013 from $16.6 billion when he took over in 2011. He received $18 million in 2016 pay. Nadella's 2013 base salary was nearly $700,000, for a total compensation, with stock bonuses, of $7.6 million. Previous positions held by Nadella include: On 4 February 2014, Nadella was announced as the new CEO of Microsoft, the third chief