Salary of HP chief executive increases to €17.3m

Hewlett-Packard raised total compensation for chairman and chief executive Meg Whitman by 11% ahead of the company’s expected split into two publicly traded entities by the end of this year.

Ms Whitman, who will run the new HP Enterprise focused on corporate customers, received total compensation of $19.6m (€17.3m) in fiscal 2014 compared with $17.6m a year earlier, the US company said yesterday.

Dion Weisler, HP’s printer and personal computer chief and future CEO of HP Inc, received a 48% raise to $13.5m from $9.15m the previous year.