In 2007, Edward J. Zander earned $2.57M in total compensation at Motorola Solutions, Inc., including $1.50M salary and $243.00K bonus. Led Motorola Solutions, Inc. as CEO for 3 years.
Compensation History
Annual executive compensation data for Edward J. Zander, including salary, bonuses, and stock awards.
Year
2007
Total Compensation
$2.57M
Salary
$1.50M
Bonus
$243.00K
Other
$826.26K
Salary
$1.50MBoard Justification
The compensation philosophy is designed to attract, retain, and motivate high-quality talent, ensuring that total compensation is competitive and aligned with company performance.
Bonus
$243.00KBoard Justification
The bonus is based on the Motorola Incentive Plan (MIP) which is a cash-based, pay-for-performance annual incentive plan. For 2007, the MIP Business Performance Factor was 12% of the established target award level, and Mr. Zander's actual MIP award was $243,000.
Other Compensation
$826.26KBoard Justification
This includes perquisites such as personal use of company aircraft, financial planning, and other benefits.
Restricted Stock
Board Justification
No stock was vested in 2007 as the focus is on the stock options and restricted stock units that are not included in this report.
Performance Metrics
The performance metrics for determining the compensation include operating earnings, operating cash flow, revenue growth, and quality-specific measures.
Edward J. Zander
Ex-CEO of Motorola Solutions, Inc.
Education
Bachelor's degree in Electrical Engineering from Rensselaer Polytechnic Institute and an MBA from Boston University.
Field of Expertise
Technology & Engineering - Technology
Sector of Economy
Technology
Born
January 12, 1947 - 78 years ago
CEO of Motorola Solutions, Inc. for
3 years 11 months (Jan 2004 - Dec 2007)
Previous Experience
President and Chief Operating Officer of Sun Microsystems, Inc.
Other Motorola Solutions, Inc. CEOs
Holdings
Track Edward J. Zander's stock holdings and portfolio value over time.
Insider Trading
Edward J. Zander's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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