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  • 2 Post By geekpeter
  1.    #1  
    Hi all,

    FYI.....see link.

    Take care all,


    HP blows nearly $47 million on its CEO follies

    By Larry Dignan | February 3, 2012, 9:12am PST

    HP blows nearly $47 million on its CEO follies | ZDNet

    Summary: HP spent $30.41 million in total compensation for ousted CEO Leo Apotheker. New CEO Meg Whitman landed $16.52 million in total compensation.

    For HP, fiscal 2011 was the year of two CEOs—Leo Apotheker and Meg Whitman—and it cost the company dearly.

    In its proxy statement filed Friday, HP outlined the compensation packages for its relatively new CEO and the parting gift for Apotheker.
    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
  2. #2  
    That's just crazy.

    They could of given a lot of free touchpads away with that cake.
    You plug your phone in?
  3. #3  
    The bigger problem was losing billions in market cap and fumbling away a foothold in the mobile marketplace.
  4. Balooz's Avatar
    271 Posts
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    292 Global Posts
    47 Mil. How disturbing.
  5. #5  
    they certainly could have recovered some of that cost by actually making the pre3 available to vzw, att, and international customers instead of ditching them on ebay.


    /dreaming of a pre3 on verizon
  6. #6  
    wish i could earn major cash from sucking at my job.
    sledge007 and xandros9 like this.

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