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Data: Apple CEO Tim Cook took $73.9 million in compensation in 2013

04/04, 4:06pm

Facebook's Mark Zuckerberg tops high-tech

Apple CEO Tim Cook pulled in $73.9 million in compensation during 2013, according to data compiled by USA Today. That included a $4.3 million salary, and $69.6 million in vested stock options Cook had been awarded several years ago. The figures were enough to rank Cook second among a list of best-paid Silicon Valley executives, but this year's payout was atypical for the Apple CEO.

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HP CEO: Intel and Microsoft turning into 'outright competitors'

10/10, 10:55am

Changes push HP to consider Chrome OS

HP CEO Meg Whitman has blasted Intel and Microsoft, accusing the companies of essentially transitioning from partners into direct competitors. Speaking to Wall Street analysts yesterday, the executive stressed that HP has consequently adopted a multi-platform strategy that will put more emphasis on alternative operating systems such as Android and Chrome OS.

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HP shares drop on Whitman's profit forecast

10/03, 6:10pm

Whitman says profits will be down, stocks tumble

HP CEO Meg Whitman predicted that the computer maker's fiscal 2013 profit wouldn't meet market estimates today, and shares in the company subsequently plunged below their nine-year low. Whitman also said that the company's turnaround efforts would take quite a while, Bloomberg reports today, a prediction reflecting the company's difficulties in maintaining margins as consumers increasingly opt for mobile devices over the PCs HP manufactures. HP stock dropped 13 percent on the day, closing at $14.91, their lowest point since 2002. Shares in the company have dropped 35 percent since HP was named CEO a year ago.

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Whitman moves up decision on fate of HP PCs to October

10/04, 8:30pm

HP CEO to decide on PC business two months early

HP's new CEO Meg Whitman said on Tuesday that she wanted to accelerate the decision on HP's PC business to no later than the end of October. Speaking at the Most Powerful Women Summit, she wanted to move it up to faster than the December timeframe ousted CEO Leo Apotheker had leaned towards. She later explained to Reuters that the timing could move but that she was fully aware that the delay was creating doubts among buyers.

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HP gives Meg Whitman Jobs-like $1 salary, Apotheker $13m

09/29, 7:05pm

HP patterns Whitman CEO salary after Apple

HP in an SEC filing late Thursday outlined the payments for incoming CEO Meg Whitman and recently fired CEO Leo Apotheker. Hoping to tie Whitman's pay to performance, the company is emulating former chief Steve Jobs' model and paying her a base $1 per year. While she will get a company-standard $2.4 million bonus every year, her real pay will depend on how much HP's share value has grown over time.

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