Motorola Chief Gets $62 Million If He Exits
Three years ago, Sanjay Jha was lured to revive Motorola Inc.’s ailing cellphone division with the prospect of tens of millions of dollars in compensation.
t turns out, he could make more money from selling the unit, now a separate company known as Motorola Mobility Holdings Inc. Google Inc. agreed Monday to acquire Motorola Mobility for $12.5 billion.
Mr. Jha, Motorola Mobility’s CEO, could gain more than $62 million if he leaves Google Inc. in the next two years, according to calculations by The Wall Street Journal and the Hay Group, a management-consulting firm.
