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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (90863)	2/9/2005 2:11:23 PM
From: rrufff	Respond to of 122087

One of many things wrong with American Business Culture. Mediocre performance rewarded. Fiorina: HP Exit Day May Be Windfall Day Virginia Citrano, 02.09.05, 1:25 PM ET NEW YORK - Doers and doings in business, entertainment and technology: Carly Fiorina She may be going away, but she's not going away poor. Carly Fiorina stands to make a bundle from her Hewlett-Packard (nyse: HPQ - news - people ) departure. Because Fiorina stepped down as chief executive rather than being fired for cause, she should collect two-and-a-half times her salary and target bonus, or approximately $21 million, including the vesting of options, according to a company spokesman. But the company insists that the severance is in line with its policies and does not include anything out of the ordinary. Fiorina held more than 4 million HP shares, according to the company's last proxy, and HP stock is trading up 5% today on news of her resignation. But she came into the company on a rich footing, too, getting a $3 million signing bonus when she joined HP from Lucent (nyse: LU - news - people ) in July 1999.