Linked by Thom Holwerda on Tue 24th Sep 2013 11:44 UTC
PDAs, Cellphones, Wireless

Finland is boiling with rage this weekend over the $25 M bonus payment the CEO Stephen Elop is set to receive as he leaves Nokia after his two-year tenure. Questions are now being raised by the oddest aspect of the bonus: the board of Nokia seems to have given Elop a $25 M incentive to sell the handset unit cheaply to Microsoft way back in in 2010. This effectively means that the board hired a man who was given a giant carrot to drive down Nokia's overall valuation and phone volumes while preparing a sale to Microsoft. What could possibly be a reason to structure Elop's original contract in this manner? Did the board in fact end up promising Elop more compensation in case he sells the phone division than if he runs it with modest success?

Vindication. We were right all along.

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RE: Criminal?
by Morgan on Tue 24th Sep 2013 12:10 UTC in reply to "Criminal?"
Member since:

It's certainly grounds for an investigation here in the States, but I don't know a thing about Finnish law. I also hope they block it, if nothing else just to see a chance of Nokia escaping from the Windows Phone lock-in and start making innovative phones again. I like WP as an OS, but I always thought Nokia was too good for such an exclusive partnership.

Reply Parent Score: 10

v RE[2]: Criminal?
by lucas_maximus on Tue 24th Sep 2013 19:33 in reply to "RE: Criminal?"
RE[3]: Criminal?
by Morgan on Tue 24th Sep 2013 20:22 in reply to "RE[2]: Criminal?"
Morgan Member since:

Are you a lawyer? Do you have a law degree?

No, but I worked in law enforcement for over 14 years, many of those alongside criminal investigators and district attorneys who have handled similar cases (granted, not on the same scale here in Atlanta).

Do YOU have a law degree? If not, then who are you to call me out for having an opinion about something?

Because tbh, I don't think your expertise extends to that field.

Because you know me so well, right? Don't be a dick.

Reply Parent Score: 10

RE[3]: Criminal?
by Radio on Tue 24th Sep 2013 20:36 in reply to "RE[2]: Criminal?"
Radio Member since:

You got pwned there mate.

Reply Parent Score: 0

RE[3]: Criminal?
by phoenix on Tue 24th Sep 2013 22:21 in reply to "RE[2]: Criminal?"
phoenix Member since:

Are you a lawyer? Do you have a law degree?

Did you even read the first sentence of his post? You know the part that says "I know nothing about Finnish law".

Me thinks one doth protest too much.

Reply Parent Score: 2