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HP's Meg Whitman Total Compensation Down 13% Last Year

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Meg Whitman's pay package declined 13 percent last year as she oversaw the split of Hewlett-Packard Co. and changed her leadership roles.

The company disclosed in a regulatory filing that Whitman received total compensation of $17.14 million in the 2015 fiscal year compared with $19.61 million in the previous year.

Whitman became chief executive officer last year of Hewlett Packard Enterprise Co., which targets businesses with products such as servers and services, and is the chair of HP Inc., which sells computers and printers.

HP Inc. is now run by Dion Weisler, whose pay jumped 39 percent to $18.73 million while he was executive vice president for the combined company's printing and personal systems group.

Weisler, who had previously been living in Singapore, received relocation benefits as part of a move to Palo Alto, California, where the company is based, the filing said. The benefits included $2.4 million for the move and $9.1 million for "tax equalization."

While Whitman's compensation package declined, it was close to her 2013 total pay of $17.64 million.

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