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  1.    #1  
    Not too many jobs you can make $25 million in less then a year.

    HP's ousted Apotheker to take home $25 million - Sep. 22, 2011
  2. #2  
    25 million for ruining a company and destroy webs, that sounds like a good deal
  3. #3  
    Wish I was the ceo dam*

    -- Sent from my HP TouchPad using Communities
    "I haven't failed. I've just found 10,000 ways that won't work."
    Thomas Edison
  4. #4  
    H all,


    According to this article that I posted the other day, Leo's take maybe even more than that! This is posted in the article tward the bottom of the page.

    Take care, Jay

    Apotheker stands to receive cash severance of at least $7.2 million, a figure that could be higher if his annual bonus was set above the minimum $2.4 million laid out in the employment agreement. Including his $1.1 million in salary received for the first year, along with a $4 million cash signing bonus and a $4.6 million relocation payment, Apotheker will have earned about $34.7 million in cash and stock for less than a year’s work.

    HP’s Whitman Says She’ll Keep Strategies Begun by Apotheker - Businessweek
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  5. #5  
    It's crazy that a CEO can get rewarded for doing a horrible job. They can cause a company to lose millions, or even billions; cause the stock to tank, get fired or resign, and walk away with millions.

    I know a CEO's role is important, but common sense would indicate to pay him these crazy bonuses & extra millions only if he does a good job. Other wise, why should he care. He's actually getting a whole lot more now, than if he stayed CEO.

    It's a shame; if any other employee is fired or resigns, they'll get their last paycheck, and maybe unemployment.
  6. #6  
    Quote Originally Posted by Smartfah View Post
    It's crazy that a CEO can get rewarded for doing a horrible job. They can cause a company to lose millions, or even billions; cause the stock to tank, get fired or resign, and walk away with millions.

    I know a CEO's role is important, but common sense would indicate to pay him these crazy bonuses & extra millions only if he does a good job. Other wise, why should he care. He's actually getting a whole lot more now, than if he stayed CEO.

    It's a shame; if any other employee is fired or resigns, they'll get their last paycheck, and maybe unemployment.

    Hi all,

    I agree with you...perhaps more CEO's would do a far better job if they know that their golden parachute would end up being a boot firmly planted some place it the screw up!

    Take care,

    jay
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  7. #7  
    Food for thought: American CEOs make on average three times more than European CEOs. Can Europe Pop the U.S. CEO Pay Bubble? by Sarah Anderson — YES! Magazine
    Touchscreens are a fad.
  8. #8  
    Quote Originally Posted by robotech1985 View Post
    Wish I was the ceo dam*

    -- Sent from my HP TouchPad using Communities
    Supposedly, the board didn't even meet Leo before they hired him. Just get the right references, buy a nice suit, and you too can be the next CEO of HP.



    It's just unbelievable that Leo will get this sum of money for running HP into the ground. And the funny thing is that HP has spent $80M(!) to get rid of its CEOs: Fiorina, Hurd, and Lay-o.

    HP Spent Over $80M To Get Rid of Its CEOs - Slashdot
  9. cgk
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    #9  
    This is really what's gone wrong with Capitalism - can you see a situation where they say to the guy at the bottom "You have done a terrible job, driven away customers and hurt our brand - here's a big fat cheque!"

    I have got no problem with big rewards for CEOs but it's gone to be for big results not big failures!

    What's that phrase? 'Socialism for the rich, capitalism for the poor!'
  10. #10  
    To think they only paid 12.1 Million to Hurd after 4 years... hmm... and he was actually successful.
  11. #11  
    They should pay Leo the difference form what the value of the stock was when they hired him to what it was when they fired him.
  12. #12  
    I wonder if his parting gifts included a Touchpad or Pre3?
  13. #13  
    Pay him in HP stock?

    I wonder how many Touchpads that would buy...
  14. c000's Avatar
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    #14  
    must be wonderful having a golden parachute.

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