Friday, September 30, 2011
It's Great to be the CEO...
Meg Whitman (HPQ) agrees to take a yearly base salary of $1, but don't cry for her: She gets options to buy 1.9M shares over eight years; her 2012 target bonus is $2.4M. But H-P investors may be crying over Leo Apotheker's $7.2M severance, $3.5M in restricted stock, and a $2.4M "pay for results" bonus for his 11 months as CEO - during which H-P's market value shrunk by $38B.
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