Microsoft's annual proxy statement indicated that Microsoft CEO Steve Ballmer had his pay docked because of Windows division's lackluster performance in the past year.
Ballmer received $1.26 million in fiscal 2013 -- a base salary of $697,500 and a bonus of $550,000. Ballmer's "incentive plan award," calculated by the Microsoft board, was only 79 percent of the total for which he was eligible. Comparatively, for fiscal 2012, Ballmer received 91 percent of his eligible incentive award.
The fiscal 2013 proxy statement spelled out the reasons why Ballmer was docked:"The company … Read more