It’s good to be a CEO: Sanjay Jha’s pay package for 2011 was about $47 million
The title pretty much says it all. Few other points from the regulatory finding:
- His 2011 compensation package is nearly four times of what he got in 2010.
- The reasoning specified was the “successful partition of Motorola into two companies last year to form Motorola Mobilities and Motorola Solutions.”
- Jha’s package includes options awards, increased from the $13 million in 2010.
- Motorola had a $80 million net loss in Q4 2011 alone. Motorola Mobility’s Q1 2012 results will be provided on May 1.
[via Reuters]