HP CEO Whitman no longer receives a nominal $1 annual salary, but a 1.5-million-fold salary increase to $1.5 million to reflect HP's 93% cumulative stock price hikes this year.
According to Reuters, Whitman is HP's third CEO in four years.
When Whitman took office in 2011, Hewlett-Packard is suffering from repeated changes in the board of directors, executive departures and strategic decisions. Today, Whitman has led HP Andu to organize and reorganize for a year.
Whitman has worked hard since he took office. She has turned her back to rapid growth through layoffs, cost reductions, and business-to-business calculations. He has returned to stability and is well-received by investors.
According to reports received by the Securities and Exchange Commission (SEC), Whitman's salary adjustment has been effective on November 1, and Whitman's salary will catch up with HP's rival CEO's salary level.
Whitman's basic salary for 2012 was only $1, but her total salary was $1.99 million, including $1.69 million in bonus bonuses and stock and options compensation.
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