Microsoft and Steven Sinofsky come to Terms

Subject: General Tech | July 6, 2013 - 04:39 PM |
Tagged: microsoft, Steven Sinofsky, windows 8

Steven Sinofsky, the man who supervised the development of Windows 7 and Windows 8, left Microsoft almost immediately following 8's release. When someone of his rank and 23-year tenure leaves the company, lawyers make sure it is . Just a few days ago, an SEC filing publishes the terms of his resignation; inside baseball, but might be worthwhile at least for some of our viewers.

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Image Credit: Wikipedia

We assumed, but just recently had confirmed, that Sinofsky is currently unable to compete with Microsoft via terms of his former employment contract. This means that, until December 31st of this year, he will be unable to:

  • Work for a Microsoft competitor
  • Disparage Microsoft
  • Sway customers to competing products
  • Headhunt Microsoft employees or otherwise encourage them to quit

Sinofsky will also be immune to legal action as a result of any events, if they should ever arise, which relate to his employment at Microsoft. This is likely no more than a typical formality. He is not wholly decoupled from Microsoft litigation, however, as he will continue "assisting with intellectual property litigation until January 1, 2017".

As final compensation, Sinofsky will receive outstanding shares prior to Fiscal Year 2013 and half of those awarded FY2013. These 418,361 shares are estimated at about $14.2 million and will arrive, over time, between now and August 2016.

He is currently teaching at Harvard Business School.

Source: ZDNet

July 6, 2013 | 06:46 PM - Posted by Tim Verry

Good for him :)

July 6, 2013 | 11:26 PM - Posted by pdjblum

Totally agree. Fuck all those Obama communists who believe they are entitled to the same rewards for doing nothing and think they have the right to interfere with what this guy is entitled to for his contributions to the company he has worked for for years. Only wish I could be that successful financially.

July 7, 2013 | 04:58 AM - Posted by Tim Verry

Yeah I think its cool that he had a good run with MS, now can be financially independent, and is able to go and teach (which I'm assuming he is doing because he enjoys it).

July 7, 2013 | 09:25 AM - Posted by Anonymous (not verified)

That money belongs to the stockholders, not Sinofsky! MBAs, etc. and their Ilk, should only be paied 20 times what the lowest paid worker for M$ gets paid, the rest belongs to the stockholders! NO More excessive executive salaries for the management, who are employees of the stock holders! If Sinofsky, or any other executive wants stock in the company, they should buy the stock with their on money!
No More Executive Leaches!!!

July 8, 2013 | 08:22 AM - Posted by ddg4005

Your post makes no sense.

July 6, 2013 | 10:33 PM - Posted by edwinjamesmiller36

" Disparage Microsoft
Sway customers to competing product"

It could be argued that Windows 8 does both of these by itself.

July 8, 2013 | 08:23 AM - Posted by ddg4005

Perhaps he will return to Microsoft when Ballmer is ousted (just speculating on what will happen if the reorganization of Microsoft doesn't yield tangible results).

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