I was wondering why HP was buying Compaq and then I read that fiorina was getting a 10% sales commission for making the deal.
- Originally she would have got 8 mil if the transaction closed
- She had to give that up due to bad press
- 10% would have been 2.5B so no way was that ever happening
- Her big score was the golden parachute tied to leaving the company. You could say the merger accelerated her exit indirectly, but there was no commission on the deal.