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Sep 4
Microsoft Corporation. Executives Receive Stock Grants

Several high-ranking Microsoft Corp. executives Thursday received windfalls worth millions of dollars in stock grants. Microsoft had switched from offering stock options to stock grants three years ago when its share prices where at a low end. Another 900 seniormicrosoft087kk.jpg leaders are also slated to receive their portions.


Some of the lucky executives include :

Jeff Raikes, president of the Microsoft division that includes Microsoft's Office business software, received stock worth $7.5 million at current prices.

Kevin Johnson, co-president of the group that includes the Windows operating system, received stock worth $6 million.

Brad Smith, Microsoft's top lawyer, received stock worth $2.3 million, and Chief Financial Officer Chris Liddell received shares worth $1.2 million at current prices.

Robbie Bach, head of the division that includes the Xbox videogame console, received a grant worth $2.8 million. Lisa Brummel, head of human resources, received a grant worth $1.5 million.


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