Motorola Solutions Inc.
Motorola Solutions Increases CEO's Long-Term Incentive Award
Summary
On October 8, 2024, Motorola Solutions, Inc.'s Board of Directors increased the target annual long-term incentive award opportunity for Gregory Q. Brown, the Chairman and CEO, from $22.865 million to $27.365 million. Additionally, the Compensation and Leadership Committee approved a special retention grant of $12 million in target value of performance stock units to senior executives to incentivize and retain them. The retention grants have a three-year performance period and are subject to the same performance criteria as the annual awards.
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About Motorola Solutions Inc.
Motorola Solutions Inc. is a leading provider of communication technology solutions and services. The company primarily focuses on integrating mission-critical communication infrastructure, devices, software, and services. It serves a range of industries including public safety, government agencies, and enterprises, ensuring that seamless connectivity and reliable communication are maintained. Motorola Solutions' notable offerings include two-way radios, public safety systems, algorithm-driven software, and services like command center applications for dispatch and centralized operations. Known for its robust and secure communication networks, Motorola Solutions plays a vital role in enhancing operational efficiency, situational awareness, and response times in critical situations. Founded in 1928 and headquartered in Chicago, Illinois, the company continues to be at the forefront of innovation in communication technologies, adapting to the evolving needs of digital transformation and connectivity worldwide.
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