HP CEO Whitman Earned One Dollar Plus $16 Million in 2011

CEO Meg Whitman may have taken only a one-dollar salary upon taking the job. But her stock-based compensation totaled more than $16 million last year.
meg_whitman_380x285

Steve Ballmer Gets a “B” Grade From Microsoft’s Board

Still, the CEO’s performance was good enough to warrant a bonus equivalent to 100 percent of his base salary. But it could have been higher. If only Windows Phone sales were better.
ballmer_pondering

Apple Opposes Proposal on CEO Succession Planning

A few noteworthy nuggets from Apple’s 2011 Proxy Statement, filed today with the U.S. Securities and Exchange Commission. The most interesting, a strongly worded rebuttal to a shareholder proposal calling on the company to adopt a written CEO-succession-planning policy.

Sun CEO: Parting Is Such Tweet Sorrow

Sun CEO Jonathan Schwartz was the first CEO of a Fortune 500 company to put up his own blog. Late Wednesday night, he became the first CEO of a Fortune 500 company to step down from that position via Twitter.

Exclusive: Sun CEO Set to Resign

If Sun CEO Jon Schwartz’s recent all-hands memo to employees had all the sentimentality of a farewell letter, it’s likely because he’s preparing to leave the company. Sources close to Sun tell me Schwartz will soon resign as CEO, leaving the company in the hands of new owner Oracle and its very profit-minded leadership.
schwartzthumb

Google CEO Eric Schmidt’s Friends and Family Fly for Free, Frequently

Google’s new 2008 proxy statement looks a lot like Google’s proxy statements from previous years: It tells us that the company’s top executives received nice bonuses, though slightly smaller than last year’s. And Google’s ruling troika–CEO Eric Schmidt and co-founders Sergey Brin and Larry Page–all took home salaries of $1. One smallish change: Eric Schmidt’s friends and families spent a lot more time with him on the company jet last year.
eric-schmidt

SHOCKER! Yahoo Board Recommends Against Icahn Board Slate

Yahoo’s board has–surprise!–advised shareholders to reject the slate of dissident directors put forward by billionaire investor-agitator Carl Icahn.