In a preliminary filing Friday with the U.S. Securities and Exchange Commission, Microsoft Corp. says it raised CEO Steve Ballmer’s salary by 4% in fiscal 2009 even as the software maker’s profit plummeted 17%.
Ballmer’s 2009 base salary rose to US$665,883 from $640,833.
Microsoft didn’t disclose Ballmer’s bonus for fiscal 2009, but last year it was $700,000.
MacDailyNews Take: According to Forbes, Ballmer has a net worth of $11 billion in 2009, or $7.6 billion more than Steve Jobs, which is considered by leading experts to be the ultimate proof that this sonuvabitchin’ life just ain’t fair.
And, oh yeah, BTW: Microsoft axes 5,000 jobs in first-ever companywide firings as revenue, profits miss expectations – January 22, 2009
And, now, the toast: May Steve Ballmer remain Microsoft CEO for as long as it takes!
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]