HP (HPQ) CEO Mark Hurd received about $42.5 million in total compensation last year, SEC filings show.
But dig deep into the numbers, and HP reveals its boss got a $79,814 tax gross-up for meals associated with business travel. Working backwards from a gross-up is as much art as science, but footnoted‘s calculations make sense: Hurd (and his family) ate about $243,000 worth of food on HP last year.
Were there leftovers?
UPDATE: HP says the SEC filings this story is based on are incorrect. Please see SAI’s follow-up coverage.
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