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

What is the most important aspect of a mobile service to you?

View Results

Loading ... Loading ...

More News

How long it will take to bust your data cap

Internet Speed

The monthly data of some South African broadband products will run out in less than 3 minutes when used at full speed. Check for yourself how long your data will last.

ANC made millions through Eskom’s new power stations: report

Medupi

Chancellor House, the ANC’s investment company, earned millions when it sold shares in a company which obtained big Eskom contracts.

How children view online privacy differently from adults

Privacy

The majority of young people now share lots of things online that many adults question and feel uncomfortable about.

Can robots kill without consequences?

Robot Worker

Programmers, manufacturers, and military personnel could all escape liability for unlawful deaths and injuries caused by fully autonomous weapons, or “killer robots”.

X

Newsletter Subscription


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


Free MyBroadband Newsletter
Subscribe
X
bool(true)