corporate buzz

Carly’s Severance Package

Hewlett-Packard just filed Carly’s severance package with the Securities and Exchange Commission. If you’re getting a $14,000,000 severance payment, do you really need an additional $50,000 for financial/legal/career fees? The severance payment will be paid six months from the termination date with interest of 2.78%, which should work out to be just shy of $195,000 by my calculation. I guess she won’t have to dip into the interest to pay for her financial counseling now.