Hewlett-Packard CEO Pay Tops $16 Million on Option Awards
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Hewlett-Packard Co. Chief Executive Officer Meg Whitman, who agreed to a $1-a-year salary when she succeeded Leo Apotheker last year, received stock option awards that brought her compensation for fiscal 2011 to $16.5 million.
Whitman, 55, who is also president, received option awards valued at $16.1 million, plus $372,598 in other compensation last year, Palo Alto, California-based Hewlett-Packard said today in a filing to the Securities and Exchange Commission.