Happy Christmas! HP CEO Meg Whitman In 150m% Salary Jump

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Happy Christmas! HP CEO Meg Whitman In 150m% Salary Jump

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Happy Christmas! HP CEO Meg Whitman In 150m% Salary Jump

by Wochit 0:44 mins

Happy Christmas! HP CEO Meg Whitman In 150m% Salary Jump

by Wochit 0:44 mins

Meg Whitman , chief executive at Hewlett-Packard, has received a 150 million per cent increase in her salary to what the company calls a “competitive” level. The increase sees her annual salary package rise to $1.5 million from a token $1. In 2011, when Meg Whitman was appointed chief executive of HP, it was relatively normal for heads of technology companies to accept an almost zero salary, given the financial climate. The salary raise comes one month after HP reported a $1.4 billion profit for the fourth quarter; news that pleased investors.

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