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Nokia CEO Elop pays no bonuses, Nokia gets poorer?

Source: Internet
Author: User
Keywords Nokia Elop remuneration
Tags analysis apple continued exchange market market share media media reports
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Nokia CEO Elop

"Science and Technology" March 8 news, the former mobile phone giant Nokia now living conditions worrying. While Nokia is silent about the expected sales of the Lumia series of smartphones, it can be speculated that sales are grim.

According to foreign media reports, Nokia's regulatory filings to the U.S. Stock Exchange (SEC) show that its CEO, Elop, has fallen 45% to € 4.33 million last year. The analysis that Nokia market share in Samsung, Apple continued to lose competition, and Elop led Nokia to switch to Microsoft Windows Phone operating system, the future is full of uncertainty.

Elop previously worked for Microsoft, joined Nokia in 2010, paid 7.94 million euros in 2011, and last year his base salary increased but equity incentives declined and no bonuses were received.

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