Microsoft Corp. said Friday that it had increased total annual compensation for its non-employee board members to $200,000, up from approximately $158,000 previously.
The 2006 retainer for members of its board of directors who do not work at Microsoft will include about $80,000 in cash and the rest in stock awards, the company said in a regulatory filing.
They are also now expected to maintain a holding of Microsoft shares worth $600,000. The 8-K is here. Microsoft is a relative piker in board compensation according to Dan Mitchell’s New York Times’ article, The Director’s Cut.