Feeds

Motorola chief's amazing packet revealed

Hello, golden hello

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

While Motorola's market share for phones increased by only 0.9 per cent last year, the size of Ed Zander's trousers increased by $38.8m.

The CEO's incredible packet was bulked up by option grants of $23.2m, a "golden hello" of $12.3m, restricted stock worth $23.2m and a paltry $6.5m cash. No prizes for guessing who's buying the drinks, then.

But was it merited? Rivals LG, Sony Ericsson, and Samsung all took bigger bites out of the ailing leader Nokia than did Motorola in 2004. So heaven only knows how the Motorola board will keep Zander happy, should the company actually make further ground. If a less than one per cent increase earns Zander $38.8m, overtaking the market leader will cost it $659m.

The Finns have a rather different approach, extending their legendary progressive views to parking fines, which scale according to one's annual earnings. When Nokia director Anssi Vanjoki was caught doing 47 mph in a 31 mph zone, he was fined €116,000 or 14 days income. Nokia president Pekka Ala-Pietila got away with a fine of €35,000.

Better watch that speedo, Ed. ®

Related stories

Motorola shapes up its act
Motorola taps former Sun prez Zander as new chief
Bye Ed - Analysts pull the chain on Sun chief

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.