Since this was marked informative (thank you) I thought it would be fun to dig up the actual figures. It isn't quite as bad as I seem to remember, but I still think it's indicative of a company that pays far too much to CEO's that are either temporary, or fail to perform. Feel free to correct me where I've made a mistake, this isn't the type of thing I want to spend all night on, but perhaps someone would have fun finding their actual yearly salaries and bonuses.
CEO Carly Fiorina served from 1999 to 2005, since then it looks like HP has had 5 CEO's including the current one
Carly Fiorina - July 1999 to Feb 2005 - $20m severance
Robert Wayman - Feb 2005 to Mar 2005 - $3m cash bonus - Interim CEO
Mark Hurd - April 2005 to Aug 2010 - $12.2m severance
Cathie Lesjack - Aug 2010 to Sep 2010 - $1m cash bonus, 2.5m stock grants - Interim CEO
Leo Apotheker - Sep 2010 to Sep 2011 - $7.2m severance
Meg Whitman - Sep 2011 to Present
So I was exaggerating a bit, but lets look at this from a worst case scenario.
From 2005 to 2011 (6 years) HP had 6 CEO's, that's an average of a CEO a year (not really, because we're taking the end of one's career and the beginning of another, but like I said, worst case). Not including their regular "pay", they took home a total of $45.9m in severance pay, an average of $9.18m per CEO not including Meg, who has yet to receive a severance package (we're waiting..). Basically, that's 9.2m for each for being fired. Here's the crazy part. The Interim CEO's, who by all accounts did a fine job (looking mostly at Robert Wayman), got paid less than those who were "let go" (namely Mark Hurd and Leo Apotheker)
So things aren't quite as bad with the CEO's as I seem to have remembered, but I still feel like that's fairly abismal performance for a company that has been falling off a cliff since... well, since I can remember. Granted I'm young compared to some of you, but I can remember the days before Carly Fiorina, and a time I wouldn't go near HP computers because of how terrible I thought they were, for a variety of reasons that's pointless to debate here.