Motorola head paid compensation four times his pay

Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million in 2011, almost four times his 2010 pay

By - April 22, 2012
motorola-logo

Sanjay Jha, the chief executive to Motorola Mobility, was awarded a total compensation package of about $47 million in 2011, almost four times his 2010 pay, according to a regulatory filing.

The cellphone maker, which agreed to be bought by Google Inc for $12.5 billion, said on Friday that the rise was due to the successful splitting of Motorola into two companies last year to form Motorola Mobility and Motorola Solutions.

Jha’s pay package, including option awards, increased from about $13 million in 2010, the company said in its proxy filing on Friday.

Motorola said it still expects the Google deal to close in the first half of 2012 even though the Chinese government last month extended its review of the deal, which has been approved by U.S. and European regulators.

Motorola Mobility said it and Google are working closely with China’s regulators in their investigation of the deal.

The company scheduled its annual meeting for June 4 but said it could be canceled depending on the timing of the sale’s completion.

Forum discussion

Shutterstock is the image partner of MyBroadband – more technology images

Join the conversation

Connect with Us

androidappletwitterfacebookgoogleplusfeednewsletter

Poll

Which DStv package do you have?

View Results

Loading ... Loading ...

More News

How IoT changes business value

Internet of Things IoT

The Internet of Things is not simply “the rise of the machines” – it’s an opportunity to improve the efficiency of your business

British police crack down on hackers

hacker cyber crime silhouette

British police have detained 57 suspects in a week-long crackdown on cyber crime, the government said on Friday

Full digital TV network online

Go digital

Sentech has switched on all its digital terrestrial television transmitters

Judgment reserved in open Parliament TV feed case

TV static

Judgment in an urgent interim application to enforce uninterrupted audio and a wide-angle shot of the parliamentary Chamber during disruptions was reserved

X

Newsletter Subscription


Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyBroadband Newsletter
Subscribe
X
bool(true)