Financial Times FT.com

Carly Fiorina to get $21.4m severance pay

By Scott Morrison in San Francisco

Published: February 13 2005 20:09 | Last updated: February 13 2005 20:09

Carly Fiorina will be paid a $21.4m severance package after being fired as chief executive of Hewlett-Packard last week. She will also be able to keep her computer and receive free tech support for three months.

The controversial Ms Fiorina, considered one of the most powerful women in corporate America until her departure, will get $14m of her severance in cash, equal to 2.5 times her compensation last year, and receive another $7.38m in performance related bonuses.

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