Brad Smith's compensation increased 29% in the fiscal year that ended June 30. Photo: Ryland West/ALM Microsoft's Banner Year Pushed Brad Smith's Pay Sharply Higher
The company racked up lots of wins in the fiscal year that ended June 30, including completing its largest acquisition ever, the $69 billion purchase of Activision Blizzard—a deal Smith pushed across the finish line in October.
October 25, 2024 at 02:36 PM
4 minute read
Riding high on soaring revenue and its lucrative Activision Blizzard acquisition, Microsoft boosted executive pay across the board in fiscal 2024, including for top lawyer Brad Smith whose compensation shot up to $23.4 million, up 29% from the $18.1 million he received a year earlier.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
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