Kevin Johnson, who left Microsoft to be CEO of Juniper Networks this summer, will be receiving almost all of his targeted bonus from Microsoft, or $600,000, according to Securities and Exchange documents filed Monday.
The company's proxy statement shows that Johnson's fiscal 2008 salary was $620,800 and he owned more than 1.5 million shares of Microsoft stock as of September 5, which would be worth nearly $40 million at current prices.
The performance-based bonus reached 97 percent of the target because of Johnson's work integrating Aquantive into the company, increased page views on the MSN portal, and other nonspecified achievements in the Windows and online services business that Johnson oversaw.
Microsoft's online services results were lower than expected, but Windows sales were up 15 percent year-over-year in the fourth quarter.
Johnson was set to receive a $5 million signing bonus when he arrived at Juniper earlier this month and a base salary of $800,000 a year.
Before leaving Microsoft, Johnson was heavily involved in the company's bid to acquire Yahoo. The merger was thwarted by Yahoo's reluctance to join Microsoft and eventually the software giant withdrew its buyout offer.