Antonio Neri, the CEO of Hewlett Packard Enterprise (HPE), received more than $17 million in compensation in fiscal 2022. This is significantly more than the average annual salary of HPE employees, which is around $64,000. According to these figures, it would take the salaries of 271 HPE employees to equal Neri’s pay package.
Neri received a base salary of $1.275 million in 2022, an increase of $50,000 from the previous year, option awards of $13.388 million, a flat increase from 2021, and $2.35 million for a “change in pension value and non-qualified deferred compensation earnings,” a decrease from $4 million. It amounted to slightly more than $17.3 million in total, down from $19.05 million in the previous fiscal year.
This is happening when the pay of HPE employees is peaked at $64,006. “Based on this information, the ratio of the annual total compensation of our CEO to the median annual total compensation of all employees was 271 to 1,” HPE says in the 10k filing. This was based on roughly 61,987 individuals employed by the organization on August 21, 2022.
Antonio Neri, HPE CEO, recently celebrated his five-year anniversary, and he is said to have led an edge-to-cloud platform-as-a-service transformation that is paying off handsomely for the channel, according to HPE partners. Neri is also credited with cultivating a culture that has resulted in an HPE GreenLake pay-per-use cloud services renaissance with robust channel programs and strategy, strong support for helping close deals in the field, and in-depth knowledge of the HPE cloud services road map.
The sources for this piece include an article in TheRegister.
