Microsoft CEO Sells $300 Million of His Shares | Satya Nadella Sells Half His Stake
Satya Nadella, the CEO of Microsoft, sold half of his stake in the company, which resulted in almost $300 million. Learn more.
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Satya Nadella, the CEO of Microsoft, sold half of his stake in the company, which resulted in almost $300 million. Learn more.
It looks like Tesla's Elon Musk isn't the only high profile CEO getting rid of shares in the company they run. Microsoft chairman and CEO Satya Nadella has shed more than half of his stake in the software giant in the past week.
Microsoft CEO Satya Nadella recently sold half his stake in the company. The move involved the sale of almost 840,000 shares over two days in mid-November.
Satya Nadella, 54, sold almost 840,000 shares on November 22, rolling in an $285million payout. He still owns 830,000 shares, which equates to $280million.
Brad Smith, then Microsoft's general counsel and now its president and vice chair, along with another executive met with Bill Gates after the company discovered inappropriate emails to a mid-level employee.