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Home - Microsoft CEO's bonus halved over mobile woes
Wireless

Microsoft CEO's bonus halved over mobile woes

by Matt Kapko October 1, 2010
written by Matt Kapko October 1, 2010 Share
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The rich often do get richer, but in Microsoft Corp. (MSFT) CEO Steve Ballmer’s case, he could be $670,000 richer if mobile weren’t such a sore spot for the company.
It turns out Ballmer was eligible to receive up to 200% of his base salary in bonuses this year, but he only got half of that. Of course, he still effectively doubled his annual take home, but when there’s that many zeros involved it must sting a little to think about what could have been.
In an SEC filing picked up by CNET, Microsoft’s board cited “the unsuccessful launch of the Kin phone” and “loss of market share in the company’s mobile-phone business” for its decision to not award Ballmer a full bonus well into seven figures.
However, Microsoft’s $24.1 billion operating income and the launch of Windows 7, Office 2010 and Bing were all cited as positives for the CEO.
Microsoft surely has some catching up to do on the mobile front. Much will be riding on its soon-to-launch Windows Phone 7 operating system and its ability to “pursue innovations to take advantage of new form factors,” as lamented by the board.

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Matt Kapko

Former Feature writer for RCR Wireless NewsCurrently writing for CIOhttp://www.CIO.com/ Matt Kapko specializes in the convergence of social media, mobility, digital marketing and technology. As a senior writer at CIO.com, Matt covers social media and enterprise collaboration. Matt is a former editor and reporter for ClickZ, RCR Wireless News, paidContent and mocoNews, iMedia Connection, Bay City News Service, the Half Moon Bay Review, and several other Web and print publications. Matt lives in a nearly century-old craftsman in Long Beach, Calif. He enjoys traveling and hitting the road with his wife, going to shows, rooting for the 49ers, gardening and reading.

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