HP awards new CEO Whitman with $16.5M pay package

Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician's ability to lift the stumbling technology company's stock price during the next two years.

Nokia to pay outgoing CEO Elop $25 million

Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft.

Yahoo! paid ex-chief $16 mn in final year

Former Yahoo! chief executive Carol Bartz received a $16.4 million compensation package during her last year on the job in 2011, the company said in a regulatory filing.

Taiwan's Quanta to cut 1,000 workers

Taiwan's Quanta Computer, a leading notebook computer maker, said Wednesday it will lay off 1,000 workers at a local factory that was reopened just months ago due to poor sales of non-iPad tablets.

Microsoft CEO's compensation down 6 percent in '09

(AP) -- The value of the compensation package granted to Microsoft Corp. CEO Steve Ballmer fell about 6 percent in fiscal 2009, a year in which weak computer sales cut into the software maker's profits.

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