Hewlett-Packard Co.'s (HP's) board of directors has approved a severance package including US$3.7 million (Cdn$4.1 million) in stock options for its general counsel, who resigned Thursday amid a growing scandal into HP's conduct during an investigation into board leaks.
Firing Craig Conway will cost PeopleSoft Inc. at least US$3.2 million, a payment for salary and bonuses Conway would have earned over the next two years, the company said Monday in a regulatory filing describing its separation agreement with its former CEO.
Technology startups may have a more difficult time luring seasoned executives to top posts, a new survey indicates, as candidates increasingly opt for stability and cash over the traditional dotcom trademarks of risky ventures and stock options.
Look around. No, really, look around. Does your workplace operate in ways even remotely similar to the manner it did, say, four years ago? If not (because of job cuts, office closures, geographic changes, expansion, whatever), then ask yourself if it would have been useful to have seen a simulation back then of how your IT shop works today.
American and Canadian business leaders often differ in the way they perceive the state of the economy. The results from a recent Deloitte & Touche Technology Fast 500 CEO survey demonstrates this difference.