Microsoft’s acquisition of Nokia will add more than $25 million to Stephen Elop’s account. According to The New York Times, he’ll receive 18 months of his base salary ($5.5 million) along with stocks worth around $19.8 million.
That’s all nice except for the fact that many blame Elop for the demise of Nokia. If the Finnish company adopted Android instead of Windows Phone, we could be looking at a very different market today. Alas we’ll never know…
What we do know is that tenure at Nokia proved a highly profitable gig for Elop. And now that Steve Ballmer has announced retirement from Microsoft, Elop may end-up as a new CEO of the company. In the meantime, he’ll be heading expanded devices division when the acquisition is complete…
Yeah, we still have hard time believing what happened to Nokia…
[Via: TheVerge]