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5 Huge CEO Pay Raises of 2013

Executive compensation continues to march higher across the board, and these head honchos were no exception

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Hewlett-Packard CEO Meg Whitman

meg-whitman-hewlett-packard-ceo-hpqNew Base Pay: $1.5 million
Old Base Pay: $1
Percent Increase: 149,999,900%

Our last head honcho got handed the most eye-popping raise this year … but it has to be taken with a grain of salt. See, when Hewlett-Packard (HPQ) CEO Meg Whitman first took the reins, she agreed to take a base salary of just $1 a year.

Considering HPQ stock has been killing it since Whitman took over in late 2011 — including a 90% climb in 2013 — it should be no surprise that her salary was given a little bump. Okay, fine — a huge bump. As of Nov. 1, the Hewlett-Packard CEO was given a new base salary of $1.5 million.

Of course, it’s not like Meg Whitman never took home a single green George Washington before that. Instead, she enjoyed a compensation of more than $15.3 million in 2012, thanks to a $1.7 million bonus and a hefty bundle of stock and options grants.

As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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