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HPQ » Topics » Our Board approved the pay in question, including the "golden hello," the excess base salary the substantial stock option awards and the excessive severance package. None of these were properly tied to performance; indeed most were completely independent

This excerpt taken from the HPQ DEF 14A filed Jan 23, 2007.

Our Board approved the pay in question, including the "golden hello," the excess base salary the substantial stock option awards and the excessive severance package. None of these were properly tied to performance; indeed most were completely independent of it.

        Text of the above three paragraphs based on a 2005 report from The Corporate Library

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