Microsoft's Steve Ballmer Gets Modest Pay and a 'B' Grade From Board
But Ballmer's total compensation was nicked by the unsuccessful launch of the Kin handset and trouble with the firm's mobile software strategy. In other words, the board saw what Wall Sreet did. Microsoft's move into the smartphone business has been a failure thus far as Google (GOOG) and Apple (AAPL) have made major strides. Ballmer's relatively modest salary, however, will not sting too much. He owns 408 million shares in Microsoft stock, according to the proxy. Founder and chairman Bill Gates owns 621 million.
The only senior manager who made substantially less than Ballmer was Steve Elop, who left the company to run Nokia (NOK) two months ago.
A look at the proxy shows just how much turnover there has been at the company. Only time will tell whether that was good or not.