Microsoft CEO gets 66% raise in 2018-19

With Microsoft posting strong results, the company's CEO Satya Nadella has got a 66 per cent raise in the 2018-19 fiscal, taking his total yearly earnings to a whopping $42.9 million, according to media reports on Thursday.

While Nadella, 52, has a base salary of a little over $2.3 million, most of his pay came from stock awards.

He received $29.6 million in stock award, $10,7 million in non-equity incentive plan compensation and around $111,000 in other compensation.

In a proxy statement, Microsoft's independent directors said, "The past fiscal year offered another record year for financial performance, and Microsoft delivered strong results for our shareholders, including a return of $30.9 billion in the form of share repurchases and dividends."

The directors credited Nadella for his "strategic leadership, including his efforts to strengthen trust with customers, drive for a company-wide culture change, and successful entry and expansion into new technologies and markets."