Biography
Nadella was born in the Indian city of Hyderabad, received a bachelor's degree in electrical engineering from the University of Mangalore, a master's degree in computer science from the University of Wisconsin, and a master's degree in business administration (MBA) from the University of Chicago.
1992: Getting Started with Microsoft
Nadella joined Microsoft in 1992 after a short stay at Sun Microsystems. After working at Microsoft, he became a program manager in the Windows Developer Relations department (collaboration with Windows developers).
Subsequently, he became president of Microsoft Business, and then president of Server and Tools.
Nadella and his team account - the development of a support platform called Microsoft Cloud OS, which is based on Office 365, Bing, SkyDrive, Xbox Live, Skype and Dynamics. Part of the platform are Windows Azure, Windows Server, SQL Server, Visual Studio and System Center.
Between the end of 2010 and the beginning of 2011, a large group of key top managers left Microsoft, including Bob Muglia, head of servers and business tools. There is an opinion that the resignation of Maglia is associated with his negative position in relation to cloud products. Satya Nadella was able to completely replace the veteran Microsoft, along the way paying attention to the cloud direction.
When Nadella headed the server business, Azure he stood at a crossroads. The project was created at the peak of a market leader - a cloud platform AWS launched by Amazon a few years earlier. Satya Nadella made every effort to turn Azure into one of the world's largest cloud infrastructure services. According to Synergy Research, Microsoft's revenue from Azure in 2013 rose 154%.
2014: Appointment as Head of Microsoft
On February 4, 2014, Microsoft officially announced the appointment of Satya Nadella as CEO, who previously served as executive vice president of Microsoft Cloud and Enterprise. Microsoft dedicated a page to the appointment on its website, where it talks about the relentless spirit of innovation and cooperation that Satya Nadella will bring to the company, becoming its third CEO (after Bill Gates and Steve Balmer).
After his appointment as Microsoft CEO, Satya Nadella gave the green light to projects that his predecessor Steve Ballmer did not support
In less than a year of Microsoft management, Satya Nadella was able to revive the company's business, which confirms a 25 percent increase in the value of its shares. On December 2, 2014, ZDNet journalists wrote about the main achievements of the CEO of the software giant: [1]
- Hardware and Software Strategy
On the very first day of Nadella's tenure as CEO, he announced support for a unified Microsoft strategy, within which the company should be perceived as a manufacturer of not only software, but also various devices. Microsoft's hardware business includes tablets, game consoles, and smartphones. In addition, under Nadella, the corporation began to actively promote its services and software on competing platforms.
- Microsoft's move from sales to development
Former head Steve Ballmer was a marketer, so when developing products in the company, emphasis was placed on advertising and the external attractiveness of the product. Satya Nadella, a technologist with experience in the Sun Microsystems server manufacturer, returned Microsoft to a technical focus.
- Rescuing the search engine
Satya Nadella did not respond to calls from analysts and investors to get rid of the unprofitable Bing search engine. Moreover, the head of Microsoft instructed engineers and researchers to improve the service and expand its capabilities. As a result, Bing formed the basis of the Cortana mobile voice assistant and the game console voice control system.
- Microsoft untied hands
Satya Nadella gave the green light to projects that were not supported by predecessor Steve Ballmer. These include, in particular, the Office software package for iPad, which was downloaded more than 27 million times in the 1.5 months since its release. The head of Microsoft focused on open cross-platform innovations, especially on mobile and cloud technologies, which should positively affect the company's business.
2015: Named the highest paid CEO in the IT market
On June 24, 2015, it became known that Satya Nadella is almost the highest paid chief executive officer (CEO) in the world. Among new executives and in the IT market, the income of the head of Microsoft is the greatest.
According to data collected by observers for The Wall Street Journal, in 2014, Satya Nadella earned $84.3 million, of which most ($79.8 million) were share payments. The salary of the head of Microsoft turned out to be $919 thousand, various bonuses and bonuses - $3.6 million.
Satya Nadella is almost the highest paid chief executive officer in the world
Nadella's large revenues are associated with high returns for Microsoft shareholders, which in 2014 amounted to 24.3%. At the same time, in November, the company's securities reached a record high of $50.04. As of June 24, 2015, the value of Microsoft shares is $45.63 apiece.
The head of Liberty Global media company Michael Fries to whom the employer paid $112.2 million in 2014 is called the highest paid CEO. After this top manager and Satya Nadella there is a founder of OracleLarri Larry Ellison who earned $67.3 million being the head of this company.
It is worth noting that the income received in 2014 was the smallest for Ellison compared to the previous four years. At the same time, Larry Ellison's salary was only $1. Almost the entire earnings of the head fell on payments on shares. The return for Oracle shareholders in 2014 reached 26.1%.
If we take into consideration only new CEOs, then Satya Nadella, who took the helm of Microsoft in early 2014, is the leader in the size of the compensation package in the world. In second place in the list of the highest paid CEO with a term of work of no more than two years is the head of Qualcomm processor company Steve Mollenkopf, whose annual earnings are estimated at $60.7 million in 2014. Among the leaders of global IT companies, Nadella is the highest paid.
2018
Style in clothes and budget analogues
The BusinessInsider publication in May 2018 called Satya Nadella one of the most well-dressed IT executives. He prefers black, Lanvin sneakers and Polo T-shirts. But you can repeat the appearance of the Microsoft chapter for only $177.5: a T-shirt from the Banana Republic store ($64.50), trousers made of thin jeans ($68) and Sperry sneakers ($45).
Compensation package as head of Microsoft amounted to $25.8 million
In October 2018, Satya Nadella's annual earnings as CEO of Microsoft became known. For the fiscal year 2018, which ended on June 30, 2018, his earnings amounted to $25.8 million against $20 million a year earlier and $17.7 million in 2016.
The fact that Nadella's compensation package increased by 29% was reported by CRN, citing documents published on the website of the US Securities and Exchange Commission (SEC).
It is noted that payments to the head of Microsoft are based on both quantitative and qualitative indicators of the company. Under Nadella's leadership, the software giant has demonstrated "the strong implementation of our ambitious plans for intelligent cloud and edge computing in a highly competitive market."
The amount that Microsoft paid Nadella for the 2018 reporting year included a salary of $1.5 million and remuneration in the form of shares for $16.8 million. In addition, a cash premium of $7.4 million was paid for fulfilling or exceeding the tasks set.
Microsoft notes that Satya Nadella's strategy for integrating LinkedIn was successfully implemented. The company took advantage of the synergies and at the same time retained the operational independence of the business social network.
The vice president of the SWC Technology company (partner of Microsoft) Ric Opal in a conversation with the CRN edition reported that among the most important steps of Nadella for many years there were changes in the culture of Microsoft.
 | Such cultural changes have fully become a catalyst for everything that happens in the company, "Opal said. |  |
According to him, Nadella also "showed readiness for cooperation," which helped stimulate the development of partner business. However, this and other merit is not only Nadella, but also the entire leadership, as well as the entire company, he added.[2]
2019: How much the head of Microsoft earned in a year. Payments increased by 66% due to the implementation of the plan
On October 16, 2019, Satya Nadella's annual earnings as CEO of Microsoft became known. For the reporting three-month period, which ended at the end of June 2019, the company paid $42.9 million to the head, which is 66% more than a year earlier. For comparison, CIO Tim Cook received rewards of $15.7 million, including a salary of $3 million.
However, this does not reach the compensation package in 2014, when Nadella headed the corporation instead of Steve Balmer and earned $84.3 million. Nevertheless, payments in 2019 were 249 times higher than the average annual salary at Microsoft ($172 512).
Satya Nadella's base salary as CEO increased from $1.5 million to $2.3 million. Most of the remuneration - $29.6 million - came from payments on shares. Another $10.8 million was issued in the form of all kinds of cash bonuses.
At the time of taking office, Microsoft CEO was tasked with completing which Nadella could count on additional bonuses. One of the tasks is to increase market capitalization by $500 billion over five years and significantly exceed shareholder returns over other companies from the S&P 500 index. The software giant achieved this and provided the head with an additional 900 thousand shares.
By October 17, 2019, Microsoft's market capitalization is $1.07 trillion, which is the highest among public companies. Apple has a value of $1.06 trillion.
In the 2019 reporting year, Microsoft completed a plan for revenue from enterprise cloud services, the number of active devices based on Windows 10 and the attendance of the social network LinkedIn. In addition, the cloud business for the first time in three years entered the top three divisions of Microsoft. [In mid-October 2019, Samsung recognized the problem of removing the Galaxy S10 smartphone from blocking using someone else's fingerprint.
2021: Sale of half of its shares of Microsoft for $286 million
In November 2021, CEO Microsoft Satya Nadella sold half of his stake in the company. This news led to a drop in the rate of producer quotes ON by 1.3%.
According to Seeking Alpha, citing financial documents disclosed by Microsoft, on November 22-23, 2021, Satya Nadella sold 838,600 securities to the company. During this period, shares on the stock exchange cost from $334.37 to $349.22. Thus, the head of Microsoft could earn an average of $286 million.
Meanwhile, CNBC, citing documents released by the Securities and Exchange Commission (SEC), reports that Satya Nadella got rid of 839 thousand shares, after which he had 831 thousand securities left.
By November 29, 2021, the price of Microsoft shares on the Nasdaq exchange is $329.68. Since the beginning of the year, the indicator has grown by 52%, which exceeds the growth rate of the S&P 500 index.
According to the results of fiscal year 2021, which for Microsoft ended at the end of June 2021 calendar year, Satya Nadella's salary as CEO of the company amounted to $2.5 million, which corresponds to the result of the previous year. The total payments to the head of Microsoft (taking into account bonuses and rewards in the form of shares) reached $49.9 million, an increase of 12% compared to the 2020 reporting year. Payments in the form of securities accounted for $33 million against $30.7 million a year earlier. Cash bonuses increased from $11 million to $14.2 million.
The total remuneration of Satya Nadezha turned out to be 282 times more than the average salary of Microsoft employees, equal to $176 858.
Meanwhile, the board of directors of Microsoft said that the formula for Nadella's remuneration for shares and cash premiums was adjusted for FY2022. They were more tied to the company's operational and financial results.[3]
Family and hobby
Since 1992, Satya Nadella has been married. He has three children.
Poetry and cricket are mentioned as his hobbies on the Microsoft website.
Notes
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