Microsoft CEO Satya Nadella has appointed former OpenAI CEO Sam Altman to head the AI research team at Microsoft. Altman, a key figure behind ChatGPT, faced termination from OpenAI, prompting protests from the company’s employees. Despite the controversy, Nadella’s decision to bring Altman on board showcases a significant move in the tech industry.
Background of Satya Nadella
Satya Nadella, born in Hyderabad in 1967, is the son of an IAS officer. He pursued his education in electrical engineering in Karnataka before venturing to the US for higher studies. Nadella joined Microsoft in 1992 and climbed the ranks, eventually becoming the CEO in 2014, following in the footsteps of Bill Gates and Steve Ballmer.
Financial Overview
Nadella’s net worth exceeds Rs 8000 crore, with a substantial yearly compensation. In the fiscal year 2021-2022, his earnings amounted to 54.9 million dollars, translating to approximately Rs 450 crore at the current exchange rate. This included a base pay of 2.5 million dollars and 42.3 million dollars from stock options.
Hiring Sam Altman
Sam Altman’s net worth, standing at around Rs 4167 crore, adds another dimension to Nadella’s strategic decision-making. The move to bring on board an entrepreneur generating waves in the tech industry underscores Nadella’s visionary approach and capacity for significant decisions.
In conclusion, Satya Nadella’s leadership at Microsoft, characterized by hiring key figures like Sam Altman, exemplifies his ability to make substantial decisions, solidifying Microsoft’s position in the ever-evolving tech landscape.
