Microsoft execs get stock windfall
Seattle PI | at | by Mike
Several of Microsoft's top executives began to see the benefits of its landmark 2003 shift in compensation practices, receiving millions of dollars worth of stock as bonuses Thursday for their performance.
In regulatory filings, the company disclosed annual stock awards for seven top executives, ranging in value from $7.5 million for Microsoft Business Division President Jeff Raikes to $1.3 million for Chief Financial Officer Chris Liddell, based on Thursday's closing price.
In all, the company issued shares to 900 executives, most at considerably lesser volumes.