Sanjay Jha joined Motorola in August, lured away from rival Qualcomm to try to shore up Motorola's struggling mobile phone business. Since then, the company has run through several rounds of job cuts as it prepares for a spin-off of its handset division.
Jha's co-CEO at Motorola, Gregory Brown, had a 2008 pay package that totaled $24.2 million. But both men will see their salaries shrink in 2009: As Motorola froze employee salaries and retirement-plan contributions in December, its CEOs said they would cut their own salaries by 25%.
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