Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 24 September 2013 08:22

Microsoft bribing executives not to flee

Written by Nick Farrell



Don’t flee this sinking ship

Software giant Microsoft is offering special stock awards to hold onto top executives to stop them leaving. The company is restructuring and looking for a new chief executive after the shy and retiring Steve Ballmer announced he was going to do something different with his life.

The company has not yet earmarked any payments, but said in the filing to the U.S. Securities and Exchange Commission that it "may from time to time make awards to executive officers," partly to ensure "continuity of key leaders during the transition to a new chief executive officer."

Several Microsoft insiders are thought to be contenders for the CEO spot. According to Redmond the awards would be in the form of stock and would range from 25 percent to 150 percent of the recipient's annual target compensation. Senior Microsoft executives are already eligible for a cash bonus and stock awards each year, so it looks like staying could be worthwhile.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments