BusinessLeadershipTechnology

Microsoft CEO Satya Nadella’s Compensation Approaches $100 Million Amid AI Expansion and Board Reshuffle

Microsoft CEO Satya Nadella’s compensation package reportedly surged to $96.5 million for fiscal 2025, driven primarily by stock performance. The technology giant also announced Walmart CFO John David Rainey will join its board of directors as the company focuses on AI expansion and security initiatives.

Executive Compensation Surge

Microsoft CEO Satya Nadella’s total compensation for fiscal 2025 reportedly reached approximately $96.5 million, representing a nearly 22% increase from his $79.1 million package the previous year, according to the company’s annual proxy statement filed Tuesday. Sources indicate the substantial increase stems largely from performance-based stock awards that have appreciated alongside Microsoft’s soaring share price.

BusinessFinance

B&M Finance Chief Departs Following £7 Million Accounting Error and Revised Profit Outlook

Discount retailer B&M has announced the departure of its chief financial officer following a £7 million accounting error linked to overseas freight costs. The company has issued its second profit warning in weeks, with shares falling nearly 18% in early trading as annual earnings forecasts were revised downward.

Leadership Change Amid Financial Restatement

B&M, one of Britain’s prominent discount retailers, is reportedly searching for a new chief financial officer following the departure of Mike Schmidt. According to reports, Schmidt is stepping down after the company discovered a £7 million error in its accounts related to overseas freight costs that were not properly recorded. The board has indicated he will remain until a successor is appointed, with sources indicating an external review will be commissioned.