Article: Hurd receives 'golden hello': $20 million in pay, stock, perks.

Byline: Ben White

Mar. 31--WASHINGTON -- Mark Hurd, incoming chief executive of Hewlett-Packard Co., is widely viewed as the antithesis of the celebrity chief executive, a nuts-and-bolts manager with little interest in grabbing headlines for himself.

But judging by his new employment agreement, HP's board appears to view Hurd as a superstar at least on par with the firm's formerly highflying chief executive, Carly Fiorina.

According to his new employment agreement, Hurd will receive cash, stock and perks worth at least $20 million for simply walking in the door at HP's Palo Alto, Calif., headquarters.

Paul Hodgson, senior analyst at ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!