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That is just f*cked up but hardly surprising. How can anybody be elected CEO when it's pretty clear he will see to his own interests rather than the companys in
by ahrens 16y ago
That is just f*cked up but hardly surprising. How can anybody be elected CEO when it's pretty clear he will see to his own interests rather than the companys interests?
- mryall 16y agoCEOs aren't "elected", they're appointed by the board of directors. Elop's background and shareholdings would be well understood by Nokia's board.
- borism 16y agoappointed by the board of directors trough the process known as "election" Elop's background and shareholdings would be well understood by Nokia's board. very optimistic statement
- encoderer 16y agoHis interests ARE aligned with Nokia. Like every CEO everywhere, a big chunk of his comp package is bonus and stock options. Much ado has been made about him having $0 Nokia stock. This just means that he hasn't executed any of his Nokia options yet, and hasn't been awarded any stock as part of his bonus yet. Neither is suprising: He hasn't been with Nokia for a year yet and he certainly has a vesting schedule.