HPE’s Whitman Gets $35.6 Million in 2016 After Company Split
- CEO given $11.7 million options, $19 million restricted shares
- Stock rose 53% last fiscal year after Hewlett-Packard breakup
Meg Whitman, chief executive officer of Hewlett Packard Enterprise Co.
Photographer: Jacob Kepler/BloombergHewlett Packard Enterprise Co. Chief Executive Officer Meg Whitman got $35.6 million in compensation for fiscal 2016 after leading efforts to pare down her company amid growing competition from cloud-based service providers.
Whitman, 60, got stock options worth $11.7 million, some of which are tied to share price goals, for the year ended Oct. 31, according to a regulatory filing Monday. She also got restricted shares worth $19 million that will be hers if she remains on the job through 2018 and meets certain performance targets. The total value of her pay package more than doubled from the prior year, when she ran Hewlett-Packard Co. and orchestrated the split from sister company HP Inc.