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HP Shareholders Vote to Limit Golden Parachutes
SFGate.com 
Apr. 7, 2003 Excerpt: Hewlett-Packard shareholders narrowly approved a proposal that would limit the board's ability to grant generous golden parachute packages to top executives, the company said Friday. The nonbinding recommendation would require the HP board to obtain shareholder approval for any proposed severance package that is more than 2.99 times a departing executive's salary plus bonuses. MORE >> |
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