Stephen Elop’s Nokia contract reportedly rewarded him for Microsoft buyout


Helsingin Sanomat, one of Finland’s largest newspapers, is reporting that Nokia falsely claimed CEO Stephen Elop’s contract was the same as his predecessor’s. To the contrary, the report found that the contract was changed so Elop would receive an accelerated payout if the company went through a “change of control,” exactly what happened when Microsoft acquired Nokia’s handset division.

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