CEO which causes shame and harm to reputation of company will be paid so that he can go, along with losses in the market. Who will pay? Employees and Shareholders. This industry practice needs to be reviewed immediately.
"Hewlett-Packard fell $4.31 to $41.99 in extended trading. The shares, down 10 percent this year, dropped 5 cents to $46.30 earlier today on the New York Stock Exchange."
"Hurd will get a severance payment of $12.2 million, plus other benefits that include a prorated vesting settlement of 330,177 restricted HP shares. He received $30.3 million in compensation in 2009 and $42.4 million the year before."
http://www.businessweek.com/news/2010-08-06/hp-s-mark-hurd-resigns-after-sexual-harassment-probe.html
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