Goodbye Qualcomm, hello Microsoft

If Margaret L. (Peggy) Johnson is an example, executives leaving Qualcomm should have few problems landing a juicy job in the tech industry.

Yesterday (October 19), Microsoft released its annual proxy statement that, among many things, reveals compensation of top executives in the company. In August of last year, Microsoft hired Margaret (Peggy) Johnson from Qualcomm to be Microsoft's executive vice president of business development. Microsoft "sweetened her offer with a $7.8 million signing bonus," says Business Insider.

If that bonus is added on to her other compensation, she will be walking off with $14.53 million in fiscal 2015. She still lags the company's chief executive pay of $18.3 million, but the bonus puts her ahead of Kevin Turner, traditionally the company's second highest paid executive, who has had to be happy with $12.2 million, according to Business Insider.

According to the proxy, Johnson, who went to work September 1 of last year, leads the company's "strategic business transactions and partnerships across various industries with key customers, strategic innovation partners, original equipment manufacturers, key accounts, third-party publishers, and industry influences." She is on the company's compensation committee.