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RIA & Ajax: Article

What’s a CEO Worth?

HP CEO Mark Hurd’s pay packet last year was worth $42.5 million

HP CEO Mark Hurd's pay packet last year was worth $42.5 million including a $1.45 million salary and an $18.6 million performance-based cash bonus covering three highly profitable years. Since he arrived in 2005 and before the economic Armageddon, HP sales were up $30 billion and profits tripled. Its stock at the end of its fiscal year in October was down 25%. Oh, by the way, Richard Hackborn, the guy who put HP printers on the map, is going to step down from the HP board come re-election time in March. He was the only ex-HP employee on the board.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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