Nokia’s CEO Stephen Elop earn big on selling the mobile division of Nokia to its former employer Microsoft.
Almost exactly three years after Stephen Elop came to Nokia, as the company’s savior, is the Finnish company’s mobile division sold to Microsoft for more than 5.4 billion euros, or about 42.9 billion million, writes dn.
While many employees have lost their jobs and the share price has fallen, sitting Elop himself again as the big winner after the takeover.
Yesterday it was announced that Stephen Elop is 18.8 million euros, or about 148 million in salary and bonuses from the sale of the mobile division to Microsoft, according to the newspaper.
will appear in the prospectus sent to Nokia’s shareholders prior to the Extraordinary General Meeting in November.
Elop also received a large check from Nokia when he left Microsoft in favor of them, at 31.5 million. With that Elop has earned nearly 180 million on Nokia career.
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