HP CEO Meg Whitman Set To Get Massive Payout If Fired
HP boss Meg Whitman will also sit pretty if the company is ever acquired, new data from UBS finds
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:
Meg Whitman’s a winner
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.
