Tag: Ebay

Liz Bolshaw

Meg Whitman, who was appointed chief executive of Hewlett-Packard on 22 September 2011, last week announced that she would be drawing a salary of only $1. Her severance package, meanwhile, is just $1.50. Contrast this with outgoing boss Leo Apotheker’s severance package, which is estimated at $13.5m. This is a man who has presided over a fall of 46 per cent – worth about $40bn – in his company’s share value during his 11-month tenure. (more…)

Rebecca Knight

It is official: Hewlett-Packard is once again the biggest Fortune 500 company led by a woman.

After the close of the stock market on Thursday, HP, the world’s largest computer maker by revenue, announced that Meg Whitman, the former head of Ebay, would replace Léo Apotheker as chief executive.

(more…)

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