Should HP’s CEOs Really Be Earning $19 Million? Shareholders Approve Controversial Pay.

toner · 2025-04-21T13:58:14+00:00

HP Inc. Shareholders Approve Executive Compensation Packages Totaling Over $48 Million. April 21, 2025 – By Tonernews.com, Hollywood, Florida. At HP Inc.’s annual shareholder meeting on April 14, 2025, stockholders overwhelmingly approved the company’s proposed executive and board compensation packages for fiscal year 2024. The vote affirms support for HP’s leadership team amid ongoing efforts to navigate a competitive tech landscape and evolving consumer demand. According to HP’s 2025 proxy statement, total executive compensation for the company’s named executive officers (NEOs) reached more than $48 million in fiscal year 2023. The compensation figures include base salaries, bonuses, stock awards, and other benefits. CEO Enrique Lores, who has led HP since 2019, received the largest package at $19.46 million, reflecting his role in guiding HP through supply chain challenges and efforts to streamline operations. Other top executives also received substantial compensation: Marie Myers, Chief Financial Officer – $7.39 million. Tuan Tran, President of Imaging, Printing & Solutions – $7.56 million. Alex Cho, President of Personal Systems – $7.42 million. Julie Jacobs, Chief Legal Officer & General Counsel – $6.15 million The shareholder vote was part of a routine advisory resolution known as "say-on-pay," giving investors a non-binding opportunity to express their views on the company’s executive compensation policies. HP emphasized that its pay structure is closely tied to performance and shareholder value creation. “Our executive compensation program is designed to attract, retain, and motivate world-class leaders who drive long-term growth,” the company noted in its proxy materials. HP’s board also received shareholder approval for its director compensation plan, which includes equity awards and retainer fees consistent with peer company benchmarks. As HP continues to invest in innovation and drive transformation across its print and personal systems businesses, the approved compensation packages underscore investor confidence in the leadership team’s strategic vision.

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HP Inc. Shareholders Approve Executive Compensation Packages Totaling Over $48 Million.
April 21, 2025 – By Tonernews.com, Hollywood, Florida. At HP Inc.’s annual shareholder meeting on April 14, 2025, stockholders overwhelmingly approved the company’s proposed executive and board compensation packages for fiscal year 2024. The vote affirms support for HP’s leadership team amid ongoing efforts to navigate a competitive tech landscape and evolving consumer demand.

According to HP’s 2025 proxy statement, total executive compensation for the company’s named executive officers (NEOs) reached more than $48 million in fiscal year 2023. The compensation figures include base salaries, bonuses, stock awards, and other benefits.

CEO Enrique Lores, who has led HP since 2019, received the largest package at $19.46 million, reflecting his role in guiding HP through supply chain challenges and efforts to streamline operations. Other top executives also received substantial compensation: Marie Myers, Chief Financial Officer – $7.39 million. Tuan Tran, President of Imaging, Printing & Solutions – $7.56 million. Alex Cho, President of Personal Systems – $7.42 million. Julie Jacobs, Chief Legal Officer & General Counsel – $6.15 million

The shareholder vote was part of a routine advisory resolution known as “say-on-pay,” giving investors a non-binding opportunity to express their views on the company’s executive compensation policies. HP emphasized that its pay structure is closely tied to performance and shareholder value creation.

“Our executive compensation program is designed to attract, retain, and motivate world-class leaders who drive long-term growth,” the company noted in its proxy materials.

HP’s board also received shareholder approval for its director compensation plan, which includes equity awards and retainer fees consistent with peer company benchmarks.

As HP continues to invest in innovation and drive transformation across its print and personal systems businesses, the approved compensation packages underscore investor confidence in the leadership team’s strategic vision.
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April 21, 2025 at 1:58 PM

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