Matt Richtel of the NYTimes notes that Motorola’s Co-CEO Sanjay K. Jha was paid $US104 million dollars last year, putting him at the highest end of of salaries for the 200 largest public companies that filed proxies by March 27th.
Wikipedia reveals that Jha worked at Qualcomm, where he helped develop satellite phones, among other projects.
Some of those execs in the top 200 companies undoubtedly get paid in perks like jet-time and stock, but that’s not a small piece of change during these times. And from a company not yet public with a recovery plan for its ravaged mobile handset division. It’s quite a non story, perfect for a blog, without any resolving arc. The question of what Jha is doing to earn that kind of money is fascinating enough to think about without an answer. What do you think? [NYT]