HP Raises Whitman’s Annual Base Salary to $1.5M From $1
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Hewlett-Packard Co. raised the annual salary of Chief Executive Officer Meg Whitman to $1.5 million from $1.
Whitman’s base pay was increased to bring her compensation “to a competitive level among the salaries of the chief executive officers of HP’s peer companies,” Hewlett-Packard said yesterday in a filing to the U.S. Securities and Exchange Commission. The raise is effective retroactively to Nov. 1, the Palo Alto, California-based technology company said.