Business Bits: Nvidia CEO gets 51% less compensation and Moto’s ex-CFO’s lawsuit continues

Less compensation for Nvidia’s head honcho

Nvidia has had a bit of rough time lately. Now, the CEO is taking a big pay cut. While his salary is technically only $1, there are other ways CEOs are compensated to make sure they can enjoy some privileges. In 2008, Jen-Hsun Huang, received $3.7 million in compensation. The previous year, he made $7.6 million. What effects will this have on Nvidia? Well, since Huang’s pay is tied to the stock price, Huang has plenty of motivation to get Nvidia on track. [Source]

Moto’s ex-CFO v. Moto

So here’s the story so far: Paul Liska was the CFO of Motorola until February 2, 2009 when he was fired. Previous to his dismissal, Liska voiced concerns that Motorola’s mobile unit’s numbers were not exactly right.

The Moto mobile unit may be spun off (meaning it will become its own company). Liska feared that the mobile unit could lead to the “possible ruin of the entire company.” Liska claims that these voiced concerns are the reason he was fired. [Source]