Motorola Solutions CEO Edward Zander's 2007 pay jumps 23% to $17M

Motorola Solutions reports 2007 executive compensation

By ExecPay News

Published: April 8, 2008

Motorola Solutions reported fiscal year 2007 executive compensation information on April 8, 2008.
In 2007, eight executives at Motorola Solutions received on average a compensation package of $6.2M, a 22% decrease compared to previous year.
Average pay of disclosed executives at Motorola Solutions
Edward J. Zander, Chief Executive Officer, received $17M in total, which increased by 23% compared to 2006. 62% of Zander's compensation, or $11M, was in option awards. Zander also received $47K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1.5M in salary, $2.6M in stock awards, as well as $826K in other compensation.
Gregory Q. Brown, Chief Executive Officer, received a compensation package of $9.7M, which increased by 59% compared to previous year. 60% of the compensation package, or $5.9M, was in stock awards.
Thomas J. Meredith, Chief Financial Officer, earned $7.2M in 2007.
Daniel M. Moloney, Executive Vice President, President, Home Former, received $5.6M in 2007.
Stuart C. Reed, Executive Vice President, President, Mobile Devices Former, earned $3M in 2007.
Ruth A. Fattori, Executive Vice President, Human Resources Former, received $2.9M in 2007.
David W. Devonshire, Chief Financial Officer, earned $1.9M in 2007, a 49% decrease compared to previous year.
A. Peter Lawson, General Counsel, received $1.9M in 2007.

Related executives

Edward Zander

Motorola Solutions

Chief Executive Officer

David Devonshire

Motorola Solutions

Chief Financial Officer

Thomas Meredith

Motorola Solutions

Chief Financial Officer

Stuart Reed

Motorola Solutions

Executive Vice President, President, Mobile Devices Former

Ruth Fattori

Motorola Solutions

Executive Vice President, Human Resources Former

Gregory Brown

Motorola Solutions

Chief Executive Officer

Daniel Moloney

Motorola Solutions

Former Executive Vice President, President, Mobility

A Lawson

Motorola Solutions

General Counsel

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Source: SEC filing on April 8, 2008.