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Now that you've heard the allegations against HP CEO Mark Hurd, here's how much he'll walk away with, as his severance payment: $12.2-million. Plus, "he will also be able to cash in on various large stock opportunities, including 330,177 performance-based restricted stock units that were granted to him in 2008." Continue reading for a detailed news report, courtesy of Mahalo.

He was also given an extension until Sept. 7 of the expiration date of outstanding options to purchase up to 775,000 shares of HP stock that were vested as of Friday.
[via Computerworld]

This entry was posted on 08/07/2010 00:00am and is filed under Breaking News, HP .
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