(Reuters) - Hewlett Packard Co
In contrast, HP will pay new CEO Meg Whitman a base salary of just $1 per year. She, however, has the option to buy 1.9 million of the company's shares and is eligible for a performance bonus of $2.4 million in 2012, the company said in a filing with the U.S. Securities and Exchange Commission.
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Apotheker -- fired this month after repeatedly slashing sales forecasts and angering investors with a pricey acquisition of Autonomy
In addition, he will be reimbursed for relocating to France or Belgium, and compensated for any losses on the sale of his residence in California.
Whitman joins a club of high-profile CEOs who have drawn the dollar-a-year salary, which include Apple's
HP's shares closed down 2.5 percent at $23.78 on Thursday on the New York Stock Exchange.
(Reporting by Abhiram Nandakumar in Bangalore, editing by Bernard Orr)