TITLE

Zander's exit take could top $56M

AUTHOR(S)
Streit, Meghan
PUB. DATE
March 2007
SOURCE
RCR Wireless News;3/12/2007, Vol. 26 Issue 10, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the exit pay received by Motorola Inc. Chief Executive Officer (CEO) Edward Zander disclosed in a company filing March 2, 2007. His golden parachute could range as high as $56.8 million, depending on the circumstances of his departure. The size of the package could become another flashpoint for Zander, who is already under pressure to reverse profit declines, and to fend off the unwelcome advances of activist investor Carl Icahn.
ACCESSION #
24514303

 

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