Microsoft CEO’s pay dips

Published 3:51 pm Friday, October 12, 2012

Microsoft CEO Steve Ballmer’s pay package fell 4 percent after his bonus was trimmed partly due to slower-than-planned progress in the software company’s online business and a drop in revenue at its Windows division.

According to a securities filing Tuesday, Ballmer’s pay dropped to $1.3 million from $1.4 million in Microsoft’s latest fiscal year through June, according to calculations by the Associated Press.

Ballmer, 56, got a performance-related bonus of $620,000, down from $682,500. His salary was little changed at $685,000.

The AP calculation includes salary, bonus and other all other compensation received by Ballmer. He voluntarily did not receive any stock awards.