{"id":86847,"date":"1999-12-31T00:08:00","date_gmt":"1999-12-30T13:08:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/dollar-a-day-hp-boss-paid-1-a-year\/"},"modified":"1999-12-31T00:08:00","modified_gmt":"1999-12-30T13:08:00","slug":"dollar-a-day-hp-boss-paid-1-a-year","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/","title":{"rendered":"Dollar A Day: HP Boss Paid $1 A YEAR"},"content":{"rendered":"

Dollar a day? Not even. HP’s newly installed boss is to work for a measly $1.02 per year, according to a regulatory filing.<\/p>\n\n\n\n
<\/a>
Click to enlarge<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

However, never fear Meg Whitman won’t be sleeping on the streets.<\/p>\n

The $1.02 sum is just base pay sum and the ex eBay chief was also given options to buy 1.9 million company shares over eight years, according to a regulatory filing with the Securities and Exchange Commission. <\/p>\n

However, Whitman will have certain targets to meet before she can cash in on the share bonanza, permitted only do so when stock price tops 120% or more of its current value.<\/p>\n

Whitman’s target bonus for the financial year 2012 will be the tidy sum of $US2.4m. <\/p>\n

However, former Republican candidate Whitman will have her work cut out to turn the troubled and seemingly directionless computer giant around, whose share price has tumbled 23% in August to a six year low. <\/p>\n

The new boss at Palo Alto was hired just last week, following the board’s decision to boot out incumbent Leo Apotheker, after an almost collapse in share price and a series of questionable decisions, including an announcement the No.1 PC maker by sales was the spin off its (still) profitable business.<\/p>\n

This isn’t the first time bosses of top tech Companies have sacrificied a lucrative salary for the sake of the firm – former Apple CEO Steve Jobs famously worked for a similar $1 a-year sum as did Google founders Eric Schmidt, Larry Page and Sergey Brin.   <\/p>\n

However ousted boss Apotheker isn’t doing badly either. <\/p>\n

The German national getting a $7.2 million severance payment, along with an additional $3.6 m in “accelerated vested restricted stock”, along with a bonus of $2.4m, accordign to MarketWatch. <\/p>\n

He will also be privvy to relocation expenses and HP will cover up to up to $300,000 for any losses made on the sale of his Californian base. <\/p>\n

Read HP: PCs In A Spin As Whitman Plays Hard Ball Here<\/a><\/p>\n

 <\/div>\n

“I am honored and excited to lead HP. I believe HP matters – it matters to Silicon Valley, California, the country and the world” Whitman said following her appointment last week. <\/p>\n

HP shares closed 0.59% higher to $\t\t\t\t23.78 yesterday following the news. <\/p>\n","protected":false},"excerpt":{"rendered":"

Dollar a day? Not even. HP’s newly installed boss is to work for a measly $1.02 per year, according to a regulatory filing.<\/p>\n","protected":false},"author":41,"featured_media":94961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,8],"tags":[],"class_list":["post-86847","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-archive","category-hardware","post_format-post-format-gallery"],"yoast_head":"\nDollar A Day: HP Boss Paid $1 A YEAR - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dollar A Day: HP Boss Paid $1 A YEAR - Smart Office\" \/>\n<meta property=\"og:description\" content=\"Dollar a day? Not even. HP's newly installed boss is to work for a measly $1.02 per year, according to a regulatory filing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Smart Office\" \/>\n<meta property=\"article:published_time\" content=\"1999-12-30T13:08:00+00:00\" \/>\n<meta name=\"author\" content=\"Oonagh Reidy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oonagh Reidy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\"},\"author\":{\"name\":\"Oonagh Reidy\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/15e890b46095d075b43fe7ecb12341ae\"},\"headline\":\"Dollar A Day: HP Boss Paid $1 A YEAR\",\"datePublished\":\"1999-12-30T13:08:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\"},\"wordCount\":376,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Archive\",\"Hardware\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\",\"name\":\"Dollar A Day: HP Boss Paid $1 A YEAR - Smart Office\",\"isPartOf\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"1999-12-30T13:08:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dollar A Day: HP Boss Paid $1 A YEAR\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\",\"name\":\"Smart Office\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization\",\"name\":\"Smart Office\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg\",\"contentUrl\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg\",\"width\":1359,\"height\":477,\"caption\":\"Smart Office\"},\"image\":{\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/15e890b46095d075b43fe7ecb12341ae\",\"name\":\"Oonagh Reidy\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Oonagh Reidy\"},\"url\":\"https:\/\/staging.strixdevelopment.net\/smartoffice\/author\/oonagh-reidy\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dollar A Day: HP Boss Paid $1 A YEAR - Smart Office","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/","og_locale":"en_US","og_type":"article","og_title":"Dollar A Day: HP Boss Paid $1 A YEAR - Smart Office","og_description":"Dollar a day? Not even. HP's newly installed boss is to work for a measly $1.02 per year, according to a regulatory filing.","og_url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/","og_site_name":"Smart Office","article_published_time":"1999-12-30T13:08:00+00:00","author":"Oonagh Reidy","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Oonagh Reidy","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#article","isPartOf":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/"},"author":{"name":"Oonagh Reidy","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/15e890b46095d075b43fe7ecb12341ae"},"headline":"Dollar A Day: HP Boss Paid $1 A YEAR","datePublished":"1999-12-30T13:08:00+00:00","mainEntityOfPage":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/"},"wordCount":376,"commentCount":0,"publisher":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage"},"thumbnailUrl":"","articleSection":["Archive","Hardware"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/","name":"Dollar A Day: HP Boss Paid $1 A YEAR - Smart Office","isPartOf":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website"},"primaryImageOfPage":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage"},"thumbnailUrl":"","datePublished":"1999-12-30T13:08:00+00:00","breadcrumb":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dollar-a-day-hp-boss-paid-1-a-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/staging.strixdevelopment.net\/smartoffice\/"},{"@type":"ListItem","position":2,"name":"Dollar A Day: HP Boss Paid $1 A YEAR"}]},{"@type":"WebSite","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#website","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/","name":"Smart Office","description":"","publisher":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/staging.strixdevelopment.net\/smartoffice\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#organization","name":"Smart Office","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/","url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg","contentUrl":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-content\/uploads\/2025\/07\/Smart-Office-Logo-Final-Yellow-1_page-0001.jpg","width":1359,"height":477,"caption":"Smart Office"},"image":{"@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/staging.strixdevelopment.net\/smartoffice\/#\/schema\/person\/15e890b46095d075b43fe7ecb12341ae","name":"Oonagh Reidy","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Oonagh Reidy"},"url":"https:\/\/staging.strixdevelopment.net\/smartoffice\/author\/oonagh-reidy\/"}]}},"_links":{"self":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts\/86847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/comments?post=86847"}],"version-history":[{"count":0,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/posts\/86847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/media?parent=86847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/categories?post=86847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.strixdevelopment.net\/smartoffice\/wp-json\/wp\/v2\/tags?post=86847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}