the Dutch chip maker NXP, for €43 billion acquired by the American competitor Qualcomm. That provides Rick Clemmer, the American president at NXP, a tight €400 million. Enough for D66 and the SP questions.
The FD reports that the highest amount ever paid to a senior official in the Dutch business community. Clemmer remuneration consists of the value of his shares, as well as the option rights which he, as a reward for his achievements at NXP. Once the acquisition is fully around, Clemmer, which, since 2009, chairman of the board at the company, his millions only to redeem. The value of the amount, however, is already fixed because NXP, and Qualcomm have agreed on a consideration of $ 110 per share.
Political parties SP and D66 respond dismayed at the news, and do a call for an investigation into how much of the aid the Dutch chip maker, through the years, the government has received. Kees Verhoeven, Member of parliament for D66, refers to the amount that the executive abides by 'bizarre’. SP Member of parliament Sharon Gesthuizen speaks of a ‘new phase’ in the debate about rewards. “I am here about to speak and ask me very off or this is in the interest of the company.”
Professor Hans Schenk, a specialist in acquisitions and mergers, into perspective of the amount as 'may not be very social, but certainly not illegal.' According to Schenk, it is normal that the top people in the business lucrative blocks of shares and options.
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