“Capossela cashed out $1.55 million worth of Microsoft stock earlier this month and sold another $2.85 million last week.”
Microsoft froze raises for salaried staff, cut 10,000 jobs, and kept paying $68.7 billion for Activision Blizzard. CMO Chris Capossela told employees the stock price is their “most important lever” for compensation. He sold $4.4 million of that stock in the same month. The lever works best for the people pulling it on the way out.