Palm Offering Large Bonuses And Stock Options In Effort To Retain Key Executives

Palm definitely is going through a rough patch, and after news of it being offered to various companies, word is out that the troubled smartphone company is offering $250,000 bonuses and stock options for several executives to stay on for at least another two years as part of a retention program. Some of the senior executives mentioned include Global Operations Senior VP Jeff Define and CFO Doug Jeffries. Of course, keeping the company’s key executives will be an important move if the company is to secure a buyer, after all, you wouldn’t want to buy a company with all the key people having left for greener pastures, right?

This article was filed in Homepage > Cellphones and was tagged with HTC, Huawei, Lenovo, palm and webos.
Like us, and get the best stories

User Comments