this post was submitted on 15 Feb 2024
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This is the best summary I could come up with:
The Reg family would like to extend our condolences to HP CEO Enrique Lores after his headline financial compensation package for 2023 declined more than 7 percent year-on-year to $19.46 million.
It is tough at the top, as we've pointed out before, but someone has to step into those Italian leather slip-ons, slide onto the corporate chaise longue, and spin gold from straw.
Shareholders will get the chance to attend the Annual General Meeting on April 22 to vote on various things including to have their say on pay and elect the 12 directors listed in the proxy statement.
PC makers, including HP, are now praying that on-device AI will improve their lot in 2024 and are helping to inflate the hype bubble.
Just months ago analysts and vendors were struggling to define the AI PC, with IDC going so far as to say that use cases had yet to be articulated.
On the printer front, HP is fighting back against the incursion of evil remanufacturers that are pinching its hard-won supplies margins, although not all customers are happy with the methods and some are deploying lawyers.
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