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Microsoft Discloses $96.5 Million Pay for Satya Nadella in Fiscal 2025

The stock-heavy package reflects share gains linked to AI-fueled growth in Azure.

Overview

  • Nadella’s total compensation rose 22% from $79.1 million, according to Microsoft’s proxy filing released Tuesday.
  • The package includes over $84 million in stock awards and more than $9.5 million in cash incentives, with pay largely tied to share performance.
  • Microsoft shares are up about 23% this year and have more than doubled over three years, as AI-related cloud demand boosts Azure.
  • Last year, Nadella asked the board to cut his cash bonus to $5.2 million from $10.66 million following a series of cyberattacks on the company.
  • The disclosure comes as Microsoft contends with 2025 layoffs affecting more than 15,000 roles and reported terminations of activists who protested work with the Israeli military.