Meg Whitman is set to receive a whopping $91 million (£62m) if HP is ever acquired, and $51 million if she is forced to leave the company.
The figures comes courtesy of IBS analyst Steve Milunovich, who said that: “In considering CEO compensation relative to market cap, the heads of Nimble, 3D Systems, and HP are better paid while IBM’s Rometty is underpaid albeit following a couple difficult years.”
Compared to her peers, Meg Whitman has got a good deal. Apple CEO Tim Cook would get zilch in both situations, and IBM CEO Gini Rometty raking in nothing for an IBM acquisition and just $14.6 million if she is let go.
Here are the tables, courtesy of UBS via Business Insider:
As you can see, Meg Whitman’s termination payout is over double that of second-place EMC’s Joseph Tucci, and makes a mockery of Gni Rometty’s $14 million. The case is the same for a potential acquisition scenario, with Tucci taking home a humble $39 million, and Rometty getting nothing.
US Commerce Secretary Gina Raimondo says Huawei's flagship smartphone chip 'years behind' US technology, shows…
Cloud companies, business user groups say Broadcom price changes do not address their concerns, as…
Dating app Grindr sued over claims it shared sensitive user data, including HIV status, with…
Meta Platforms opens operating system behind Quest virtual reality headsets to third parties amidst competition…
European Commission may ban rewards feature in recently launched TikTok Lite that it calls 'toxic…
US House of Representatives passes new bill combining TikTok measures with foreign aid, may face…
