Motorola Inc. Chief Executive Ed Zander's total compensation fell 29 percent last year, to $20.7 million, because of fewer options and stock awards. Zander received $7.5 million in so-called long-term incentives. His salary held at $1.5 million, while his bonus fell to $3 million from $4.6 million, Schaumburg-based Motorola said in a filing Friday with the Securities and Exchange Commission. "The board unanimously believes that Mr. Zander's compensation is appropriate to help ensure that he is rewarded for effectively leading this company and is in line with other CEO packages," Motorola said in a statement.


Source : ChicagoTribune