A 63% hike for Indian-origin Microsoft CEO in 2024; Here's Satya Nadella's updated pay package

Microsoft CEO Satya Nadella saw his fiscal 2024 compensation rise by 63% to $79.1 million, as reported in a recent filing. This increase was largely due to stock awards, which jumped to approximately $71 million from $39 million the previous year, coinciding with a period when Microsoft's market value surpassed $3 trillion. During the fiscal year ending June 30, 2024, Microsoft's shares experienced a 31.2% increase.

Nadella's substantial stock awards reflect the company's strong positioning in the generative artificial intelligence sector, particularly through its investment in OpenAI. However, his cash incentive fell to $5.2 million, down from the eligible $10.7 million, as he opted for a reduction following several reported cybersecurity breaches.

However, Nadella's cash incentive of $5.2 million was less than the $10.7 million he was eligible for as he asked for a reduction following multiple cybersecurity breaches reported during the fiscal year, according to the filing.


Among other high-profile tech bosses, Apple's CEO Tim Cook earned $63.2 million in 2023.

AI-chip giant Nvidia's CEO Jensen Huang's payout was $34.2 million in fiscal 2024.