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H-P's Meg Whitman Receives $15.4 Million---Proxy Filing

In Meg Whitman's first full year on the job as Hewlett-Packard's chief executive, she received compensation valued at $15.4 million, according to H-P's proxy filing.

 

HP says acquired company lied about finances

Hewlett-Packard Co. said that a British company it bought for $9.7 billion last year lied about its finances, resulting in a massive write-down of the value of the business. CEO Meg Whitman avoided calling it a fraud, but said Tuesday that there were "serious accounting improprieties, disclosure failures and outright misrepresentations at Autonomy Corporation PLC."

 

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