Motorola Mobility CEO Could Get $62 Million If He Exits
He holds a 1.8% stake in the company
In the wake of yesterday’s news that Google is acquiring Motorola’s mobile division in a $12.5 billion deal, The Wall Street Journal is reporting that Motorola Mobility CEO Sanjay Jha could rake in some major cash if he decides to leave the company.
According to calculations from the WSJ and the Hay Group, if Jha exits Google within the next two years, he could stand to gain more than $62 million. That figure includes Jha’s potential severance payments and the value of his unvested stock options and restricted stock, based on yesterday’s $40 per share deal.
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