Feeds

Motorola chief's amazing packet revealed

Hello, golden hello

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

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
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?