The compensation committee says it set ambitious targets despite the forecasting challenges caused by "a changing global macroeconomic environment, including increasing inflation and rising interest rates."
October 20, 2023 at 09:57 AM
3 minute read
Microsoft’s top lawyer, Brad Smith, received total compensation of $18.1 million in the company’s latest fiscal year, a 23% tumble from the $23.4 million he received the prior year.
Pay for Smith and Microsoft’s four other most-senior executives in the fiscal year that ended June 30 was contained in a proxy statement filed with the U.S. Securities and Exchange Commission Thursday.
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Brad Smith, vice chairman and president of Microsoft, received Columbia Law School’s Medal for Excellence at a luncheon last year. Photo: Ryland West
