Microsoft nominates Stripe’s Collison to its board and trims Nadella’s pay
Microsoft announced the nomination of Stripe co-founder and president John Collison, 36, to its board in its annual proxy statement. Simultaneously, the company disclosed that CEO Satya Nadella's total pay package for the upcoming year is $90.6 million, representing a 6% reduction from the prior year's $96.4 million. Collison's appointment reflects a significant move by Microsoft, linking the major cloud infrastructure company with a prominent fintech payment processing leader.
Key points
- Stripe co-founder Collison nominated to Microsoft board
- Nadella's pay reduced 6% to $90.6 million
- Reflects strategic alignment between tech and fintech sectors
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