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by sirkneeland 4019 days ago
That didn't stop Leo Apothekar for collecting $30 million in severance after tanking HP.

Nor did it stop Stephen Elop from collecting $25 million after running Nokia's devices business into the ground/arms of Microsoft (although I think technically that was structured as a "bonus")

Reminds me of some quote I heard somewhere: "CEO: where success is rewarded handsomely and failure only slightly less so"

1 comments

I agree completely. That's why I consider a high class way for him to exit. I was going to make a comment about Apothekar's behavior pre-empting him from having a future business career but actually it doesn't seem to harm him.