[Info-vax] HPE going after Mike Lynch's estate
Arne Vajhøj
arne at vajhoej.dk
Mon Sep 16 09:25:39 EDT 2024
On 9/16/2024 8:31 AM, Simon Clubley wrote:
> Can I assume that, in order to protect the shareholders, they intend to
> go after the HP management who made the purchase decision in the first place
> without carrying out the due diligence checks before buying Autonomy ?
>
> No, I didn't think so. :-(
The acquisition was done in the very short reign of Leo Apotheker.
According to Wikpedia he got 7.2 M$ in severance pay, 3.56 M$
in shares and a performance bonus of 2.4 M$ when he was kicked out
after 10 months.
And he has done rather well as member/chairman of various
companies boards since then.
But he does not have 4 B$.
Arne
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