Along with her position as Xbox President, Sarah Bond serves on the board of meat firm Tyson. It is now been revealed that Bond was not too long ago awarded 2,911.431 extra shares of the corporate at a value of $65.26 every. That works out to about $190,000.
This new inventory award provides on to Bond’s earlier allotment of shares, bringing her whole to 4,606.008, in keeping with a recent regulatory filing. Tyson additionally pays its administrators an annual retainer of $125,000.
The worth of Bond’s shares rely on Tyson’s inventory value. The corporate is at present buying and selling at round $64.74, which is up 11.5% thus far this yr, however down from an all-time excessive of near $100 in 2022.
Bond is also on the board for the University of Southern California School of Cinematic Arts. Bond went to Yale and obtained a bachelor’s diploma in economics earlier than attending Harvard for her Grasp’s in Enterprise Administration.
Tyson Meals is a multinational meals big recognized for hen, beef, and pork merchandise. The corporate has been concerned in quite a few controversies through the years and is currently being investigated over child labor accusations.
Bond joined Microsoft in 2017. She beforehand labored at T-Cellular and McKinsey. She grew to become Xbox president in 2023, changing Phil Spencer in that position; he was promoted to Microsoft Gaming CEO.
Whereas we do understand how a lot Bond is being paid by Tyson, her compensation at Microsoft will not be public.
As Xbox president, Bond oversees a wide range of Xbox groups spanning gadgets, participant and creator expertise, platform engineering, technique, enterprise planning, information and analytics, and enterprise growth.
She has confronted controversy in current occasions for talking enthusiastically about why she’s so enthusiastic about Microsoft’s choice to embrace AI amid mass layoffs, studio closures, and different labor points at Xbox. She additionally not too long ago talked about how Microsoft’s subsequent Xbox shall be a “high-end” machine, prompting considerations that folks shall be priced out at a time when richer households already make up nearly all of {hardware} consumers.