Microsoft reports executive salaries, bonuses

Robert Bach, president of Microsoft's Entertainment and Devices division, was the company's highest-paid
executive in fiscal year 2009, taking home $6.24 million in salary, cash incentives and stock, Microsoft reported
a financial filing Tuesday.

CEO Steve Ballmer was, out of Redmond's five executive officers, the lowest-paid with $1.27 million total,
according to the U.S. Securities and Exchange Commission filing. That was about $700,000 less than he was
paid in fiscal year 2008.

Ballmer's base salary was $665,833. He received $600,000 more in cash incentive payments.

Here's a chart of the top five executives' compensation, as reported by Microsoft.

Executive Base salary Cash incentives Stock awards Total

FY2009 2009 2009 2009
FY2008 2008 2008 2008

Steve Ballmer 665,833 600,000 N/A 1,265,833

CEO 640,833 700,000 N/A 1,340,833

Chris Liddell 561,667 595,018 2,379,982 3,536,667

CFO 541,667 420,000 3,828,668 4,790,335

Robert Bach 641,667 1,120,010 4,479,990 6,241,667

Pres., EDD 620,833 675,000 6,988,861 8,284,694

Stephen Elop 641,667 840,008 3,359,992 4,841,667

Pres., MBD 279,948* 275,000* 3,483,535 4,038,483

Kevin Turner 641,667 952,019 3,807,981 5,401,667

COO 620,833 1,000,000 6,988,861 8,609,694

* Elop was hired in January 2008, midway through fiscal year 2008. Because of that, he was the only one of the
five who made more money in FY2009 than FY2008.

A Microsoft spokesperson said the compensations are generally lower because of the tough financial year. For
FY 2009, Microsoft reported a 29 percent year-over-year drop in profit and a 17 percent drop in revenue.

The company also paid nearly $5.4 million in relocation expenses when it hired Elop. Microsoft purchased his
house in California and assisted paying for his family's temporary housing in Washington.

"We agreed to purchase his former home at a price equal to the average of three independent appraisals
because he was unable to sell the home within a mutually agreed time," Microsoft's SEC filing states. "We also
agreed with Mr. Elop that if the appraisal resulted in a loss on the sale of his prior home, we would pay him the
difference between his home purchase price (adjusted for improvements) over the appraised value. Because of
the precipitous decline in the California housing market during this period, the price at which the house
ultimately sold was significantly below Mr. Elop's purchase price adjusted for improvements."