tablet results : Microsoft CEO bonus lags on phone

Tuesday, October 4, 2011

Microsoft Corp. CEO Steve Ballmer does not embrace not his maximum bonus the second year in a row because of its inertia of mobile phones and adaptation to a tablet computer revolution.Ballmer, 55, received a bonus of $ 682,500 last fiscal year, matching salary in accordance with the request, and securities supervision on Monday. Its bonus system, he was entitled to zero and double salary.The longtime manager who took over from Bill Gates in 2000, has been a lightning rod of criticism of the former technology leader in the share price is static. One shareholder called for his cast were prominent this year, but he does not seem to go down. 


Last year, Ballmer has also received a bonus equal pay, and was faulted for the failure of the phone and keep pace with the new Kin computing.Microsoft 's recent revision of the budget presentation, said Ballmer's performance in 2011 - which ended on 30 June - taking into account the lower than expected sales of Windows Phone Software and 7 "is the need to further promote this new form factors," a reference to Microsoft's inability to combat the runaway sales of Apple Inc. iPad.It also noted that 2 percent of sales is the key to its Windows unit, which is in line with global PC sales, but also shows that Apple Tablet will eat away at the heart of the PC market. 


Microsoft does not expect to seriously enter the tablet market until next year when it releases its next operating system, codenamed Windows 8.In favor of Ballmer, the company's compensation committee, which recognized his success in launching Kinect hands-free gaming system and Xbox 365 online office product , while the Azure cloud computing platform for building and Bing search engine.It also mentioned his work buying online chat company Skype, which is not yet complete, and partnership with phone maker Nokia and Facebook. 


Low-paid CEO 

Ballmer has long requested that he receive no compensation for stock that would increase the salary package. He already owns 3.95 percent of the shares in the 33 the fate of the world's richest man after Forbes.Overall $ 14500000000, is Ballmer compensation rose only about 2 percent of the $ 1.38 million last year, making him one of the lowest paid leaders of a major U.S. corporation. 


Ballmer, Microsoft's submission of the jacks greatest possible benefit - when he received a bonus of two times his salary - about $ 2 million, compared with an average of $ 15.8 million for CEOs peer companies. In the filing, Microsoft said its board believes that Ballmer is "underpaid their role and work", but accepted his request not to receive stock.Ballmer's a small wage growth comes as the company increases its sales, but Apple is trying to keep pace with innovation , which is now higher sales, profits and market value. In May, passed the Microsoft and IBM's old enemy of the market value for the first time since 1996. 


During Microsoft's last fiscal year, sales increased by 12 percent of the nearly $ 70 billion and operating profit increased 13 percent to $ 27 billion, helped by strong results from his official unit.Microsoft share, 13 percent of the time, compared with 31 percent interest in tech-heavy Nasdaq, but has fallen since. Shares closed $ 24.53 on Nasdaq on Monday, about the same level as ten years ago. 




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