Advertisement
News
Advertisement

New HP CEO to get $1.2M base salary, signing bonus

Fri, 10/01/2010 - 5:05am
The Associated Press

Hewlett-Packard's new CEO, Leo Apotheker, will get an annual salary of $1.2 million, a $4 million signing bonus and restricted shares in the technology company.

Hewlett-Packard Co. said Friday that the 57-year-old Apotheker will also be eligible to receive cash incentives if the company meets certain performance goals each year.

HP named Apotheker as CEO Thursday, disappointing investors. The former SAP chief lost his job running the German business software maker earlier this year.

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading