Meg Whitman could get more than $15M for first year as CEO of HP

[jsr]

http://www.usatoday.com/story/money/business/2013/01/12/meg-whitman-hp-15-million/1828809/

Meg Whitman's possible HP pay: $15M

Meg Whitman could get more than $15 million for her first year as CEO of Hewlett-Packard, according to company filings.

It's a big payday even by the lofty standards of big-time CEOs. The chief executives of major public companies made a median of $9.6 million in 2011, the most recent year available, according to executive pay research firm Equilar.

[libdem4life]

1. Remember that when you buy electronics ... people pay these salaries.

[Ernesto]

2. There it is! The proof that it was a mistake to elect Jerry Brown..... N-T

[patrice]

3. This is not okay.

[Publiuus]

4. Why not?

The HP board can choose to compensate their people in any way they see fit.

[hrmjustin]

5. I think it is a bit much for her to be making that much money.

Yes they have the right to pay her that much, but it is too damn much in my opinion. I say tax her 50%. She doesn't need all that money.

[Publiuus]

7. Tax her 50%?

What's the point in that? The board will probably double her compensation. Remember, much of this is stock options. If the stock doesn't perform she doesn't get much.

[hrmjustin]

8. I get your point about the board but I just think that is too much money for a CEO.

By the way welcome to DU.

[Publiuus]

10. The I guess

U should try to get elected to the HP board

[Initech]

6. Fucking disgusting

[jmowreader]

9. She'd be worth the money if she quit selling just me-too products

Is there REALLY a difference between any of the PCs on the shelf? Not talking about Alienware or other specialty machines, but the boxes you find at places like Staples.

[Egalitarian Thug]

11. Dell owns Alienware. n/t