Comment on Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business

Fleamo@lemmy.world ⁨10⁩ ⁨months⁩ ago

It’s not for doing nothing, it’s for doing things he already did. He got the stock as part of his compensation plan at Microsoft.

And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn’t crazy high. He just had a shitload of their stock.

Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.

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