CEO Pay: Big Bucks for Tech's Chief Executives

Salaries, bonuses, perks and stock awards added up to big pay packages for tech CEOs in 2008.

By Ann Bednarz, Network World

Steve Ballmer's pay consisted of a $640,833 salary, $700,000 bonus and $10,001 in other compensation. He did not receive any equity-based compensation in 2008—nor in fiscal '07, when his pay package was $1.3 million. Meanwhile, Microsoft grew its revenue and profits by 18% and 26%, respectively, in its 2008 fiscal year, which ended June 30. Revenue was $60.4 billion, up from $51.1 billion in the prior year. Net income rose to $17.7 billion, up from $14.1 billion.
Slideshow republished with permission from Network World. (View original version.)