When it comes to executive compensation, one company that often comes to mind is Hewlett Packard (HP). As a renowned technology company, HP is known for its innovative products and services. However, the compensation of its CEO, Enrique J. Lores, has also garnered attention. In this article, we will explore the details of Lores' salary and break down his total compensation.
Enrique J. Lores' Total Compensation
As the President and CEO, Director at HP INC, Enrique J. Lores received a total compensation of $21,079,926 for the 2022 fiscal year. This compensation package consists of various components, including salary, bonus, stock options, stock awards, and other types of compensation.
- Salary: Lores received $1,250,000 as his base salary.
- Bonus: He was awarded a bonus of $1,445,56
- Stock Options: Lores received stock options valued at $5,341,05
- Stock Awards: He was granted stock awards worth $12,844,35
- Other Compensation: Lores also received $198,946 from other types of compensation.
This breakdown provides a comprehensive overview of Lores' total compensation at HP INC.
CEO Pay Ratio at HP INC
It is also interesting to consider the CEO pay ratio at HP INC. For the 2022 fiscal year, the CEO pay ratio was reported as 302:This ratio compares the total compensation of the CEO to the median employee pay. In this case, Lores' total compensation of $21,079,926 is 302 times higher than the median employee pay of $69,91
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Comparing HP Executives' Compensation
While Lores' compensation is significant, it is also important to consider the compensation of other HP executives. Unfortunately, specific details about their compensation are not provided in the given text. However, it is worth noting that executive compensation is a topic of interest for many companies, and HP is no exception.
Understanding Executive Compensation at HP INC
When analyzing executive compensation, it is crucial to review the company's proxy statement. This statement includes detailed information about the compensation practices and policies of the company. It provides a comprehensive understanding of the overall value and appropriateness of the compensation information.
For a complete and definitive understanding of HP INC's pay practices, it is recommended to refer directly to the actual, complete proxy statement. This statement can be retrieved from the Securities and Exchange Commission (SEC) website at www.sec.gov. By searching for the company's name and looking for form def 14a or a similar code, you can access the full proxy statement.
Hp ethics & compliance: building trust and responsibilityEnrique J. Lores' compensation as the CEO of Hewlett Packard is substantial, with a total compensation package of $21,079,926 for the 2022 fiscal year. This package includes a base salary, bonus, stock options, stock awards, and other types of compensation. The CEO pay ratio at HP INC was reported as 302:1, highlighting the disparity between the CEO's compensation and the median employee pay. To gain a comprehensive understanding of executive compensation at HP INC, it is recommended to review the company's proxy statement.
How much does the CEO of Hewlett Packard earn?
The CEO of Hewlett Packard, Enrique J. Lores, earned a total compensation of $21,079,926 for the 2022 fiscal year.
What is the CEO pay ratio at HP INC?
The CEO pay ratio at HP INC was reported as 302:1 for the 2022 fiscal year. This ratio compares the total compensation of the CEO to the median employee pay.
Where can I find more information about executive compensation at HP INC?
To access detailed information about executive compensation at HP INC, it is recommended to review the company's proxy statement. The full proxy statement can be retrieved from the Securities and Exchange Commission (SEC) website at www.sec.gov.
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