She may be going away, but she's not going away poor. Carly Fiorina stands to make a bundle from her Hewlett-Packard departure. Because Fiorina stepped down as chief executive rather than being fired for cause, she should collect two-and-a-half times her salary and target bonus, or approximately $21 million, including the vesting of options, according to a company spokesman.
But the company insists that the severance is in line with its policies and does not include anything out of the ordinary. Fiorina held more than 4 million HP shares, according to the company's last proxy, and HP stock is trading up 5% today on news of her resignation. But she came into the company on a rich footing, too, getting a $3 million signing bonus when she joined HP from Lucent in July 1999. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:146762 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
