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Patricia Russo is the current Chair of the Board for Hewlett Packard Enterprise (HPE), a position she has held since 2015. Before taking on this role, she was the Chief Executive Officer of Alcatel-Lucent from 2006 to 2008. Patricia has...

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Patricia Russo

Ex-CEO of Hewlett Packard Enterprise

Education

Bachelor's degree in Electrical Engineering from George Washington University; MBA from Harvard Business School

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

November 25, 1958 - 66 years ago

CEO of Hewlett Packard Enterprise for

0 years 3 months (Aug 2015 - Nov 2015)

Previous Experience

CEO of Alcatel-Lucent

Holdings

See how much did Patricia Russo make over time.

Patricia Russo’s holdings reflect her ongoing commitment to Hewlett Packard Enterprise (HPE). She has been consistently engaged with the company, seeing fluctuations that indicate her confidence in its long-term performance. In 2019, her holdings were valued at approximately $4.60 million...

Mar 18, 2025

Total Stock Sold

$306.65K

MRK

$306.65K

5,000 MRK shares

What if they kept their stock?

If Patricia Russo didn't sell their stock, today they would have:
Extra MRK5,000 shares worth $386.75K.
This is 26.12% and $80.10K more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Patricia Russo.

HPE

$39.38K

HPE at $21.17/share

Jun 28, 2024

Received

HPE

$39.37K

HPE at $18.02/share

Apr 9, 2024

Received

HPE

$39.36K

HPE at $16.72/share

Dec 15, 2023

Received

HPE

$39.36K

HPE at $17.37/share

Sep 29, 2023

Received

HPE

$39.36K

HPE at $16.80/share

Jun 30, 2023

Received

HPE

$38.74K

HPE at $16.11/share

Apr 4, 2023

Received

HPE

$38.74K

HPE at $15.76/share

Dec 15, 2022

Received

HPE

$38.74K

HPE at $11.98/share

Sep 30, 2022

Received

Compensation History

See how much did Patricia Russo make over time.

In terms of compensation, Patricia Russo's total package for 2015 stood at about $4 million. This included a base salary of approximately $1.5 million, a performance-based bonus of around $2.45 million, and additional compensations totaling near $297,000 for various benefits like 401(k) contributions and personal aircraft usage. Notably, no stock awards were vested that year as her compensation focus was strictly performance-driven. This pay-for-performance model aligns with her commitment to improving HPE’s financial and operational results. Her compensation has been designed to directly relate to how well HPE performs, indicating a strong alignment with shareholder interests in terms of company growth and profitability.

Year

2015

Total Compensation

$4.25M

Salary

$1.50M

Board Justification

The compensation philosophy is designed to align executive compensation with performance and shareholder interests, emphasizing a pay-for-performance model.

Bonus

$2.45M

Board Justification

The bonus was determined based on performance against financial metrics and MBOs established by the Parent HRC Committee for Section 16 officers and by the independent members of the Parent Board of Directors for the CEO.

Other

$297.44K

Board Justification

Other compensation includes various benefits such as 401(k) matching contributions, personal aircraft usage, and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2015 as the focus is on performance-based compensation and the stock awards are tied to future performance metrics.

Performance Metrics

Performance metrics included revenue, net earnings, free cash flow, and individual MBOs.

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