Microsoft’s board would increase to 12 members if his choice is accredited by the corporate’s shareholders at its annual assembly on Nov. 30.
Rodriguez has been ADP’s CEO since 2011, after becoming a member of the corporate in 1999. He “brings distinctive business and know-how experience, in addition to deep understanding of adjusting work norms,” stated Satya Nadella, Microsoft CEO and chairman, in a news release announcing the nomination.
Microsoft’s board boosted Nadella’s whole compensation to $49.9 million for 2021, up from $44.3 million the prior yr.
Nadella’s 2021 compensation consists of inventory awards value $33 million (up from $30.7 million); non-equity incentive compensation of $14.2 million; (up from $11 million); and a base wage of $2.5 million, the identical because the prior yr.