forwarded by Michael Hoover > New York PostŪ, Copyright 1999 NYP Holdings, Inc. All rights reserved. > > ....... Ousted Compaq chief Eckhard Pfeiffer is walking away with a $278 > million severance package. > > But he would have gotten much more - up to $418 million - if he hadn't > bungled in recent months at the helm of the world's largest personal > computer manufacturer. > > Only four months ago, Pfeiffer sat atop corporate America's biggest > options stockpile - valued at more than $410.4 million. > > But the stock's plummeting value over that short time - triggered by > his mistakes - has slashed his severance package by about a third. > > "This is a perfect example that shoots down complaints that CEOs are > overpaid and don't take any risks," said David Leach, a compensation > expert at Compensation Research Group ..........
