Microsoft's top two executives received 13% raises in the past year, with chairman Bill Gates and chief executive Steve Ballmer each earning $753,310 in salary and bonuses, the company has disclosed.
Gates, who owns 11.6% of the software giant, and Ballmer each got a base salary of $547,500 and a bonus of $205,810 in fiscal year 2002, according to a filing Thursday with the Securities and Exchange Commission.
Ballmer owns 4.4% of Microsoft.
But the two weren't the highest-paid executives at the company. James Allchin, the platforms group vice president, earned $495,195 in salary and a $400,000 bonus — the most of any executive still working at Microsoft.
News source: USAToday - Microsoft's Gates, Ballmer receive 13% hike in pay packages