BusinessCompany NewsBig payday for new Microsoft accounting chief

Big payday for new Microsoft accounting chief

Salary could top $1.2m (£677,000) with bonuses

The new chief accounting officer for software giant Microsoft could earn more
than $1m in his first year once bonuses are taken into account.

The company said it would pay Frank H. Brod an annual salary of $411,000
(£231,000) when he jumps on board, plus a $300,000 (£169,000) signing bonus.

If he performs well, he will be eligible for a bonus equal to 120% of his
salary – or $493,000 (£278,000) according to filings the company made with the
Securities and Exchange Commission.

He joins the company from Dow Chemical where he has been controller since
2000.

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