Thank you for sharing!

Your article was successfully shared with the contacts you provided.

At the end of 2001, the board of directors of Motorola Inc. did the almost unthinkable as far as executive pay is concerned: They cut it–or at least they voted not to come through with promised bonuses and stock awards for its top executive team. Thanks to the drubbing the company stock took when the telecommunications sector imploded, the directors no longer felt the compensation was merited. “It was painful [to do],” says B. Kenneth West, a Motorola board member and chairman of the National

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.