Sundar PichaiSundar Pichai earned $164M in 2023
H

Enrique Lores

CEO of HP

Education

Not Available

Field of Expertise

Business & Management

Born

November 30, 1964 - 60 years ago

Economy Sector

Technology

Current Tenure

5 years 3 months (Nov 2019 - Present)

Previous Experience

President of the Company’s Imaging, Printing and Solutions business

Enrique Lores has been the CEO of HP Inc. since November 1, 2019. Before stepping into this role, he led the Imaging, Printing and Solutions business at HP. Lores spent 26 years at Hewlett-Packard Company and played key roles during...

Year

2023

Total Compensation

$12.38M

Salary

$1.30M

Board Justification

The compensation philosophy is designed to align executive pay with performance, ensuring that a significant portion of compensation is performance-based and tied to company results.

Bonus

$0.00

Board Justification

The bonus for fiscal 2023 was based on performance metrics, with the CEO's bonus equal to 76.5% of target due to company performance.

Other

$305.84K

Board Justification

Other compensation includes 401(k) match, non-qualified deferred compensation match, mobility program expenses, security services, personal aircraft usage, and miscellaneous benefits.

Restricted Stock

$10.77M(397.72K RSU)

Board Justification

The stock awards that vested in 2023 include Performance Adjusted Restricted Stock Units (PARSUs) and Restricted Stock Units (RSUs).

Performance Metrics

The performance metrics for fiscal 2023 included GAAP net revenue, adjusted non-GAAP operating profit, and non-GAAP free cash flow.