Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

HP CEO Meg Whitman steals $15 million from her company

McGruber (1417641) writes | about a year and a half ago

Bug 0

McGruber (1417641) writes "Hewlett Packard had an awful year. It filed a complaint against display manufacturers Chunghwa Picture Tubes and Tatung Company of America, to recover damages it claims it suffered as a result of their involvement in a price fixing scheme ( It reduced its workforce last year by 17,800 employees, but was still pissed off when key IT workers left unexpectedly and took jobs with HP customer General Motors ( It claimed $8.8 billion in losses it attributed to having been defrauded by Autonomy (, accusations that former Autonomy CEO Mike Lynch claimed that HP 'is watering down the accusations it had levelled against him over the accounts filed by his old software company.' ( HP even caused 37,000 Food Stamp recipients to lose their EBT (a credit card paid for by the government) benefits when HP botched the upgrade of the California welfare computer system (CalWIN).

Despite all that, HP CEO Meg Whitman was paid extremely well, according to HP's preliminary proxy form: "The filing shows that CEO Meg Whitman earned more than $15.3 million during 2012, even though her base salary was only $1. The majority of her pay came in the form share and options grants worth more than $13 million, almost none of which are yet vested. She also earned a $1.7 million bonus under HP’s PfR or “Pay for Results” bonus plan. ("

Link to Original Source

cancel ×


Sorry! There are no comments related to the filter you selected.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>