Tricia Duryee
Mar 12, 2010 9:01 PM
Recognizing the shaky economic climate and Motorola’s still tenuous market position, the company’s two CEOs Greg Brown and Sanjay Jha voluntarily have agreed to a 25 percent pay-cut for the second year in a row, according to a proxy statement filed with the SEC today. The pair will have a…
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Tricia Duryee
Dec 17, 2008 12:33 PM
Motorola (NYSE: MOT) said this morning that it is taking a number of cost-cutting measures that will cut the pay and benefits of both employees and executives. The list includes: freezing pension plans, employee salaries, matching 401k contributions and cutting the pay of top executives in an effort to reduce…
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Tricia Duryee
Aug 29, 2008 2:01 PM
Motorola (NYSE: MOT) updated the compensation package of Greg Brown, the company’s Co-CEO and head of Motorola’s Broadband Mobility business, according to a document with the SEC today. The new version aligns his interests tightly with shareholders, particularly when it comes to the sale of the mobile devices division. For…
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Dianne See Morrison
May 6, 2008 3:42 AM
Pretty soon Motorola (NYSE: MOT) CEO Greg Brown will be able to trademark the gritted-teeth smile. At the company’s annual meeting on Monday, angry shareholders blasted Brown over the struggling handset maker’s efforts to get it together, reports the Chicago Tribune. Several called for his removal: “Put up, or get…
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Tricia Duryee
Mar 3, 2008 4:32 PM
During Greg Brown’s first formal investor conference since he took control of Motorola (NYSE: MOT), the CEO addressed questions about the troubled handset division head-on, and came off sounding very dedicated to the division while still acknowledging how much work has to be done. Brown, who was speaking at the…
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