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Sunday, 22 April 2012 - Motorola CEO pay package rose to $47 million in 2011 |
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See the best of Reuters photography.  See more | Photo caption  Weird world records From who can wear the most bees to who can unicycle the longest.   Slideshow  Protests in Bahrain Anti-government demonstrations continue in Bahrain.  Slideshow  Motorola CEO pay package rose to $47 million in 2011 Tweet Share this Email Print Related News Oracle says Google's own emails show its guilt Mon, Apr 16 2012 Google stock drops 4 percent as advertisement rates fall again Fri, Apr 13 2012 Goldman Sachs CEO gets $16.2 million pay package Fri, Apr 13 2012 Google stock split helps Page, Brin maintain grip Thu, Apr 12 2012 Google view on mobile ads awaited at CEO's 1-year anniversary Wed, Apr 11 2012 Analysis & Opinion GE offers Citi starting point for fixing CEO pay Citi shareholders have slim chance of enforcing say-on-pay vote Related Topics Tech » Motorola CEO, Sanjay Jha speaks at the launch of the Motorola PHOTON 4G Summer and the Motorola TRIUMPH Virgin Mobile Summer in New York June 9, 2011 Credit: Reuters/Andrew Kelly NEW YORK | Sat Apr 21, 2012 2:09pm EDT NEW YORK (Reuters) - 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. (Reporting By Sinead Carew in New York, Himank Sharma in Bangalore, Editing by Leslie Gevirtz) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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