Nadella received $ 42.9 million in total compensation up from $ 25.8 million the year before. With a base salary of over $ 2.3 million, most of his salary came from stock prices.
The cancellation, detailed in Microsoft's annual power of attorney, was for the fiscal year 2019, which ended June 30.
Nadella took over as CEO in 2014 and under his leadership, Microsoft ( MSFT ) has become an important force in cloud computing. (In 2014, Nadella received a $ 84 million compensation package.)
The news of the increase comes after Microsoft's stock price has risen. In September, it hit a peak after the company lifted the dividend and authorized a plan to buy back as much as $ 40 billion of its own share.
By comparison Apple ( AAPL ) CEO Tim Cook received 15, $ 7 million in 2018 with $ 3 million in salary. Google ( GOOG ) CEO Sundar Pichai received $ 1.9 million in total compensation. Bloomberg previously reported that Pichai rejected a stock split. Amazon ( AMZN ) CEO Jeff Bezos, the richest person in the world, has received the same salary of $ 81,840 for two decades. He also receives $ 1.6 million in security-related services and business travel each year.