Recently fired HP CEO departs with more than $13M
AP – 1 hr 55 mins ago
SAN FRANCISCO (AP) — Recently fired Hewlett-Packard CEO Leo Apotheker is walking away with more than $13 million in cash and stock after an 11-month reign that saw the technology's company market value plunge by nearly $40 billion.
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.
Thursday, September 29, 2011
NO ACCOUNTABILITY FOR THE MOTU
I don't think I will ever get used to the lavish rewards given to MOTUs who are essentially fuck-ups.
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