{"provider_url": "https://www.theguardian.com", "description": "Microsoft will fund 70% of the payoff, which will see the former Nokia boss return to his previous employer", "embeds": [], "safe": true, "provider_display": "www.theguardian.com", "related": [], "favicon_url": "https://static.guim.co.uk/images/favicon-32x32.ico", "authors": [], "images": [{"caption": null, "url": "https://i.guim.co.uk/img/static/sys-images/Business/Pix/pictures/2013/9/19/1379614562637/Nokias-outgoing-chief-exe-010.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctYWdlLTIwMTMucG5n&enable=upscale&s=07d15d96818da89b6a27736e25ac26dc", "height": 630, "width": 1200, "colors": [{"color": [5, 13, 31], "weight": 0.291015625}, {"color": [31, 169, 223], "weight": 0.151611328125}, {"color": [0, 139, 224], "weight": 0.150634765625}, {"color": [0, 43, 91], "weight": 0.092041015625}, {"color": [233, 243, 229], "weight": 0.087158203125}], "entropy": 6.29820221576, "size": 99092}, {"caption": null, "url": "https://i.guim.co.uk/img/static/sys-images/Business/Pix/pictures/2013/9/19/1379614562637/Nokias-outgoing-chief-exe-010.jpg?width=465&dpr=1&s=none&crop=none", "height": 276, "width": 460, "colors": [{"color": [4, 11, 28], "weight": 0.350341796875}, {"color": [0, 165, 224], "weight": 0.193115234375}, {"color": [26, 132, 210], "weight": 0.133544921875}, {"color": [83, 203, 217], "weight": 0.0556640625}, {"color": [222, 248, 229], "weight": 0.055419921875}], "entropy": 6.308195843274123, "size": 30059}], "cache_age": 86400, "language": "en", "app_links": [{"url": "gnmguardian://business/2013/sep/19/nokia-stephen-elop-payoff?contenttype=Article&source=applinks", "type": "ios", "namespace": "ai", "app_store_id": "409128287", "app_name": "The Guardian"}, {"url": "gnmguardian://business/2013/sep/19/nokia-stephen-elop-payoff?contenttype=Article&source=twitter", "namespace": "twitter", "type": "ipad", "name": "The Guardian", "id": "409128287"}, {"url": "gnmguardian://business/2013/sep/19/nokia-stephen-elop-payoff?contenttype=Article&source=twitter", "namespace": "twitter", "type": "iphone", "id": "409128287", "name": "The Guardian"}, {"url": "guardian://www.theguardian.com/business/2013/sep/19/nokia-stephen-elop-payoff", "namespace": "twitter", "type": "googleplay", "name": "The Guardian", "id": "com.guardian"}], "original_url": "http://www.theguardian.com/business/2013/sep/19/nokia-stephen-elop-payoff", "url": "https://www.theguardian.com/business/2013/sep/19/nokia-stephen-elop-payoff", "media": {}, "title": "Nokia's Stephen Elop in line for \u20ac18m payoff", "offset": null, "lead": null, "content": "<div>\n<p>Former <a href=\"https://www.theguardian.com/technology/nokia\">Nokia</a> boss Stephen Elop will receive a payoff worth &#8364;18.8m (&#163;15.9m) after his proposed switch from the Finnish handset business to Microsoft, just three years after he was paid $6.2m (&#163;3.9m) to move the other way. Nokia said Elop was due the cash following his agreement to immediately stand down alongside the announcement of Microsoft's &#8364;5.4bn purchase of Nokia's mobile phone unit. Microsoft will fund 70% of the payoff.</p>\n<p>Elop is set to return to Microsoft, his former employer, following the closure of the Nokia deal, which prompted some Finnish media to dub him a \"Trojan horse\". Nokia said Elop would be entitled to 18 months' base salary, plus a short-term management cash incentive, equivalent to a total of around &#8364;4.2m. He would also be in line for around &#8364;14.6m from an accelerated vesting of his outstanding equity awards.</p>\n<p>Nokia's shareholders will meet to decide on the proposed deal with Microsoft on 19 November. Elop joined Nokia from Microsoft in 2010 with a golden hello worth $6.2m . He is stepping down as Nokia chief executive to become head of the company's devices and services division before he rejoins Microsoft once the acquisition closes.</p>\n</div>", "entities": [], "favicon_colors": [{"color": [0, 46, 105], "weight": 0.142822265625}, {"color": [233, 239, 244], "weight": 0.058837890625}, {"color": [0, 0, 0], "weight": 0.04833984375}], "keywords": [], "published": 1379614890000, "provider_name": "the Guardian", "type": "html"}