NOKIA BOSS TRIPLES SALARY DESPITE LOSSES

STEPHEN Elop, the chief executive of Nokia, more than tripled his salary to €1.02m in 2011 – a year which saw Nokia’s pre-tax profits drop from €1.79bn the previous year to a loss of €1.2bn. Elop also pocketed a €473,070 bonus and received €2.09m worth of stock.