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I was wondering why HP was buying Compaq and then I read that fiorina was getting a 10% sales commission for making the deal.
by readthenotes1 11mo ago
I was wondering why HP was buying Compaq and then I read that fiorina was getting a 10% sales commission for making the deal.
- WhitneyLand 11mo agoWhere did you read that? It’s not true. - Originally she would have got 8 mil if the transaction closed - She had to give that up due to bad press - 10% would have been 2.5B so no way was that ever happening - Her big score was the golden parachute tied to leaving the company. You could say the merger accelerated her exit indirectly, but there was no commission on the deal.
- BergAndCo 11mo ago"was getting" doesn't necessarily imply that she got away with it; "got" implies that.
- readthenotes1 11mo agoI must have read it in the bad press! I'm glad you missed her commission, sorry she got her golden parachute. It should have been made of lead