Well, I am guessing our Bonus Targets with be close to nothing to cover the compensation package offered to the new CFO. It’s concerning that leadership justifies these high compensation packages (see below), particularly when employees are being told that merit increases won't keep up with the cost of living, and bonuses are being slashed by 75%. This raises serious questions about leadership's connection to the workforce and their understanding of the financial pressures faced by employees. The pay ranking is based off of industry. As you can see, Alex is #1. Does his performance and the companies performance justify his salary? I think not. Look at Julie. Is she the #4 best general counsel in the world. I dont think so. These ranking would indicate that HP is top tier performer but I leadership justifies our lack of pay increases by say we are not.
Enrique J. Lores
President and CEO, Director
Total Compensation: $19,458,431
Pay Rank by Title: #43
Alex Cho
President, Personal Systems
Total Compensation: $7,418,401
Pay Rank by Title: #1
Tuan Tran
President, Imaging, Printing & Solutions
Total Compensation: $7,564,215
Pay Rank by Title: #15
Julie Jacobs
Chief Legal Officer & General Counsel
Total Compensation: $6,153,076
Pay Rank by Title: #4