| Thread Tools |
30th September 2011, 08:04 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,462
| Fired HP CEO Walks With $13M Wow, CEO for less than eleven months and you get $13,000,000 severance package? You and I would be lucky to get thirteen bucks and a swift kick in the ***. The sad part is the company's market value fell $40B with this guy at the helm and he still gets all that money. Apotheker's parting package includes a $7.2 million severance payment and a $2.4 million bonus for his performance while he was CEO. He also will keep restricted stock currently worth about $3.7 million. The value of Apotheker's other stock awards will depend on how the company fares in the next few years, according to documents filed Thursday. http://www.hardocp.com/news/2011/09/...ceo_walks_13m/ |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Fired? Don't delete your company's Exchange database | jmke | WebNews | 0 | 4th November 2008 21:40 |
Google Walks Away from Digg Acquisition Deal | jmke | WebNews | 0 | 27th July 2008 21:32 |
Intel V8: All eight cylinders fired up? | Sidney | WebNews | 3 | 26th April 2007 10:34 |
Thread Tools | |
| |