Nokia / Microsoft: more than 25 million dollars in the pocket of Stephen Elop

Stephen Elop resigned as head of Nokia on September 3 following the acquisition of its mobile division by Microsoft.The deal would bring in a little more than $ 25 million.

If the acquisition of Nokia is undoubtedly a great opportunity for the Finnish firm that has made ​​its Windows Phone hunting ground, it is also a great opportunity for Stephen Elop. Cede his position as CEO and President of Nokia for the Executive Vice President, the operation time at least, it would be a nice financial return. The New York Times reported that he would get a little more than $ 25 million, equivalent to 18.8 million euros anyway.

Covered 70% by Microsoft, while the rest would be borne by Nokia, this sum obviously include the salary of Elop, but also all kinds of bonuses including a significant bonus shares valued at 14.6 million euros . A completion of the transaction, the guy will head the division of Microsoft products.Note that it was already entered it in 2008 to head the divison of the business before taking the head of Nokia. This is called a winning return