HP Executive Chairman Ray Lane
The former Oracle and Booz Allen executive came to the HP board in September 2010 with former HP CEO Leo Apotheker. In fact, Lane initially was a big supporter of Apotheker's drive to increase HP's enterprise software footprint with a game-changing acquisition. Lane, however, played a key role in ousting Apotheker, hiring Meg Whitman and giving himself a higher-level post, moving from nonexecutive chairman to executive chairman. Corporate governance experts have cringed at Lane's move to executive chairman. "You look for an independent chair," James Post, a professor at Boston University School of Management, told MarketWatch last year. Lane's total compensation is listed as $10.6 million in the HP proxy.
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