How to Make USD48.5mil when you resign, work at Dell – itsWeird

Craziness again crossed my MacBook’s beautiful screen this morning… The previous CEO of Dell just went from getting 5mil to a whopper 45.5m for leaving the company – that makes a lot of weird sense right?

BOSTON  – Dell Inc. will pay former CEO Kevin Rollins US$48.5 million for his stock options six months after he resigned in the wake of investor criticism about the vendor losing market share to rival Hewlett-Packard Co.

The award is far greater than Rollins’ original severance package of just $5 million, to be paid in installments through April 2008.

see NetworkWorldAisa for remainder of story

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