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suffragette

(12,232 posts)
3. Well, the almost $47 million in CEO pay for 2011 has to come from somewhere
Wed May 23, 2012, 10:31 AM
May 2012
http://articles.businessinsider.com/2012-02-03/news/31020092_1_apotheker-ceo-role-million-stock-award
February 03, 2012


But all told, the company has plunked out almost $47 million in CEO pay in 2011, with Whitman making $16.5 million and Apotheker $30.4 million, including a $6.4 million bonus.

~~~

Apotheker earned a base salary of $1.1 million, plus a $6.4 million bonus and another $17.6 million in stock. But he also earned a mysterious roughly $5.2 million in "other compensation."

Could that have been his golden parachute for 11 months worth of work?

Whitman, who took the CEO role at the end of September, got her pay in a hefty $16.5 million stock award and $372,598 in the mysterous "other compensation category."



But hey , Whitman only makes a "salary" of $1 officially, so that's likely the model they hold up to the employees there. "See. She makes less salary than you do. Well, until we lay off most of you, that is."


Dailyjobcuts.com OverDone May 2012 #1
Are All These Jobs In The U.S. ?.......... global1 May 2012 #2
All I've seen so far IDemo May 2012 #4
That's a shame. Beacool May 2012 #10
From Reports OverDone May 2012 #8
Well, the almost $47 million in CEO pay for 2011 has to come from somewhere suffragette May 2012 #3
Yep. +1 Fearless May 2012 #11
Amazing OverDone May 2012 #12
Jobs to go out of the U.S. and into China. That's the path. nt valerief May 2012 #5
Mae Whitman at her finest again. Iliyah May 2012 #6
This is a much more complicated wilt the stilt May 2012 #7
Agilent was spun out in 1999 and is still in the test equipment business FarCenter May 2012 #9
Report OverDone May 2012 #13
Is server consolidation due to virtualization causing part of the problem? FarCenter May 2012 #14
At Least OverDone May 2012 #15
they cut 27K or 8% of the workforce n/t IamK May 2012 #16
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