.. our non-Finnish speaking audience would appreciate balanced coverage.Am I one of Nokia´s audience?
Hardly. I like the truth about all that, just truth.
It is revealed, Nokia read some of our bloggs.
And Nokia would like our readers to be aware of the fact that “when comparing with Nokia’s global competitors and their CEOs in similar situations, Elop’s compensation "is not very generous".
Motorola Mobility CEO Sanjay Jha was promised $47 million in 2011 as Google bought Motorola’s phone business, for example.
But, says Tero Kuittinen, in contrast, Stephen Elop became a CEO of a company that a posted $2.1 billion profit in 2010 as quarterly smartphone sales soared to 28 million by the holiday quarter that year. When Elop was done, According to Tero Kuittinen Nokia was facing an acute cash crisis and selling 8 million smartphones per quarter.
So yes, Mr. Jha received $47 million for turning a basket case into a $12.5 billion sale.
And so on ....
Nokia's thinking appears, still throbbing with, something shocking Russian Tsar ajlle characteristic of bureaucracy.