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In Brief / COMPENSATION

Microsoft CEO got a 32% raise

September 22, 2007|From Times Wire Services

Microsoft Corp. raised Chief Executive Steve Ballmer's pay 32% in 2006 after sales climbed the most in six years.

Ballmer got $1.28 million in salary and bonus for the year ended June 30, the Redmond, Wash.-based company said in a regulatory filing. Ballmer, with a fortune of $15.2 billion, ranks 16th on Forbes magazine's list of the richest Americans.

Ballmer, whose 4.3% stake in Microsoft makes him the third-biggest holder, doesn't get stock grants and has a smaller salary than other senior executives.

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