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Microsoft to pay bonuses to execs who stay, severance to those culled during reorg

2013-09-30 16:22:49| InfoWorld: Top News

Microsoft handed out nearly $60 million in stock grants to eight executives on the same day it filed papers with the U.S. Securities and Exchange Commission (SEC) announcing that the board had authorized special incentives to keep senior management from jumping ship. The awards, which ranged between 47,000 and nearly 600,000 shares, held a paper value of between $1.6 million and $19.9 million as of Friday's closing price.

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