Hewlett Packward chief executive to get $21.4m severance pay

And she was FIRED?!? Ohhh, boy.

[pendanticist]

[financialexpress-bd.com...]

Carly Fiorina will be paid a $21.4 million severance package after being fired recently as chief executive of Hewlett-Packard. She will also be able to keep her computer and receive free tech support for three months.

I really thinks she needs the tech support bein as how she's near broke now....

[vkaryl]

Won't matter - soon as month 4 hits, she'll REALLY need tech support.... and yes, I have ZERO use for HP/Compaq.

[bcolflesh]

I'm amazed she lasted that long - she never had any idea what she was doing - It would be interesting to find out the real story of how she got in that position to begin with (no pun intended).

[sem4u]

The controversial Fiorina, considered one of the most powerful women in corporate America until her departure, will get $14 million of her severance in cash, equal to 2.5 times her compensation last year, and receive another $7.38 million in performance related bonuses.
Fiorina was asked to resign after the computer and printer maker's shares fell 50 per cent and her $19 billion acquisition of Compaq Computer in 2002 failed to generate promised profits.

$7.38 million in bonuses for failing? :o

[grandpa]

Two of the more interesting tidbits I read.
1) She convinced the board to pay the expense of moving her yacht across country. Not all that unusual, but it makes me wonder just what does she do with all that cash.

2) Personal finance manangement, included in the severance. Huh? What?

[Essex_boy]

Where do I apply?

Looks like I cant gowrong