Meg Whitman, Harvard MBA and the fourth wealthiest woman in the state of California with a net worth of $1.3 billion in 2010, might be taking a $1 salary, but she is getting more than enough compensation with stock options.
As reported by the LA Times:
Whitman was also awarded the option to buy nearly 2 million shares of HP stock, which if vested today would be worth nearly $45 million. As with many executive-level options packages, however, the shares won't vest immediately: Whitman won't be able to cash in at least 900,000 of them in until a year from now.
