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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Microsoft CEO takes pay cut after rough year Tue Sep 29, 2009 8:32pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] SEATTLE (Reuters) - Microsoft Corp paid its chief executive Steve Ballmer 5.5 percent less for the last fiscal year as the world's biggest software company suffered its first ever drop in annual sales. Ballmer, CEO since 2000, earned a total of $1,276,627 for fiscal year 2009, which ended June 30, according to a filing with securities regulators on Tuesday. That is slightly below the previous fiscal year's total of $1,350,834. Ballmer's salary of $665,833 was up slightly from last year, but his bonus was slashed by $100,000 to $600,000. At his own request, Ballmer receives no compensation in the form of Microsoft shares. Microsoft lowered compensation for most of its highest-level executives in the last fiscal year. It said in January that it had frozen salaries for fiscal 2010 which started July 1, in response to the difficult economic climate. The company suffered its first-ever drop in annual revenue in fiscal 2009 and operating profit fell 9 percent to $20.4 billion. Its shares fell 13.6 percent over the 12-month period. Even in good times, Microsoft has never made a splash with huge pay packages, although many of its employees and executives have become millionaires by owning Microsoft shares. Ballmer himself owns about 408 million Microsoft shares, according to Tuesday's filing, worth more than $10 billion. (Reporting by Bill Rigby; editing by Carol Bishopric) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: HP may merge PC, print divisions: report Also On Reuters Blog: Would Polanski get a pass if he were a priest? Video Video: China's 60th anniversary captured in sand Blog: Photographer's top 10 tips for covering a dust storm More Technology News Sony to unveil new PS3 game title in theaters Google working on "smart" plug-in hybrid charging HP may merge PC, print divisions: report OnLive secures more funding, sees strong interest U.S. may need as much as $350 bln to extend broadband More Technology News... Related News Microsoft wins overturn of $388 million patent award 29 Sep 2009 Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Phone off? 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