HP CEO Meg Whitman made $17.6 million in cash and stock last year

Posted Feb 3, 2014

Hewlett Packard CEO Meg Whitman made around $17.6 million in cash and stock options, according to the company’s annual proxy filing with the U.S. SEC. Most of this compensation was from stock options worth $12.7 million, including a bonus and stock awards worth around $4.4 million. Whitman’s base salary was $1. In 2014, she earned a base salary of $1.5 million.

Former HP COO and current exec VP / head of Enterprise Bill Veghte earned a combined $15.6 million in stock options worth $10 million, $3.4 million in share awards, a $1.1 million bonus, and a base salary of $867,000. HP’s PC and printing business division Dion Weisler earned a combined $9.2 million including options awards worth $3.4 million and a $2.3 million bonus. HP’s former PC and printing division Todd Bradley made $9.3 million in stock options worth $5.6 million.

Activist investor Ralph Whitworth was named chairman on an interim basis after Ray Lane stepped down. Whitworth owns more shares of the company than any other director or executive. Whitworth owns 29.8 million shares of HP through his company Relational Investors. This is around 1.6% of the company, which means that Relational is HP’s fourth largest shareholder.

[Source: Re/Code]