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Meg Whitman to Step Down as HPE CEO

(www.wsj.com)
184 points praneshp | 1 comments | 21 Nov 17 21:59 UTC | HN request time: 0.206s | source
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justboxing ◴[22 Nov 17 02:12 UTC] No.15753647[source]▶
That 51 MILLION $ golden parachute must be really nice. Now she gets to go to a new place and do this all over again.

> Whitman would get nearly $91 million if HP gets acquired – more than double her peers – and $51 million if she's forced out (not fired for cause) – again, nearly double.

Source: [2015] http://www.businessinsider.com/whitman-gets-51-million-if-hp...

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coupdejarnac ◴[22 Nov 17 04:33 UTC] No.15754262[source]▶
It's kind of amazing to me that there would be a bonus tied to being acquired. That would motivate the ceo to not act for the long term benefit of the company.
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1. jeffwilcox ◴[22 Nov 17 05:50 UTC] No.15754572[source]▶
Yet common. Stephen Elop (Nokia back to Microsoft) $25m https://news.slashdot.org/story/13/09/19/1834224/nokias-elop...