Meg Whitman Joins the $1 CEO Club

Posted by Bizdom Pandey Monday, October 03, 2011

Meg Whitman, Hewlett-Packard's (HPQ) new CEO, will be paid $1 a year and receive a nonqualified option to purchase 1,900,000 shares of HP common stock. The most famous $1 CEO was Steve Jobs, who recently stepped down from that post as he continues to struggle with his health. Jobs also owns about 5.5 million Apple shares, so his incentive was fairly clear. He has made the most of that by leading Apple to spectacular success.

Posted by Bizdom Pandey on Monday, October 03, 2011. Filed under . You can follow any responses to this entry through the RSS 2.0

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