HP by former CEO compensation to pay 4 million U.S. dollars

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HP by former CEO compensation to pay 4 million U.S. dollars

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HP by former CEO compensation to pay 4 million U.S. dollars

Post  Admin on Mon Aug 23, 2010 12:19 am

(coach bags)According to foreign media reports, Hewlett-Packard shareholders Louis Man (Louis Levine) earlier this week in North Carolina filed a lawsuit against Hewlett-Packard board of directors, alleged that their former CEO, Mark Hurd (Mark Hurd) value of 40 million U.S. dollars to pay the severance payments, is the plundering of the shareholders.

(coach handbags)Levin was listed as the defendant's HP board members, including Marc Andreessen, Rajiv Gupta, John Joyce, Joel Hyatt, and Hart himself.

(coach outlet)Levin alleged that termination compensation payments to Hart was a waste of shareholder equity, according to its actions, Hart should not be a huge departure compensation, "leaving the Board to pay compensation to the Hart is a waste of corporate assets."

(coach earrings)Levin pointed out in the indictment, Hurd announced his resignation admits, "I sometimes advocated a violation of my trust, respect and honest principles." He said no one would think that the Board approved the payment of huge amounts of leave compensation Hart is a reasonable and fair decision.

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