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Gates, Ballmer get slight pay raises | |
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| Time: 00:00 EST/05:00 GMT | News Source: News.com | Posted By: Jonathan Tigner | ||
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Microsoft's top executives all saw slight increases in salary and bonus last year, according to the company's annual proxy statement, filed Thursday with the U.S. Securities and Exchange Commission. CEO Steve Ballmer and Chairman Bill Gates each received $551,667 in pay and $313,447 in bonus last year, up from $547,500 in salary and $205,810 in bonus a year ago. Jim Allchin, who heads Microsoft's Windows operating system business, received $505,624 in salary and $400,000 in bonus, up from $495,195 and $400,000, respectively, in 2002. Jeff Raikes, who heads the Microsoft Office unit, earned $524,309 in salary and $300,000 in bonus, up from $495,083 and $250,000 a year ago. While Gates and Ballmer received no stock options, other Microsoft executives did: Allchin and Raikes each received 1.3 million options at $23.99 and chief technical officer Craig Mundie was granted 700,000 options at the same price. | ||
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