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Corporate Counsel

HP Legal Chief's 2023 Pay Included $2M Cash Bonus for Leaving Yahoo

The company's compensation committee said Chief Legal Officer Julie Jacobs "worked closely with HP's business leaders and provided exceptionally strong leadership support."
3 minute read

Corporate Counsel

Ousted Starbucks GC Earns $5M Out of the Gate at GE Energy Unit

Rachel Gonzalez joined GE Vernova in April 2023, one year ahead of its planned spinoff from the conglomerate GE.
2 minute read

Corporate Counsel

HPE Legal Chief's Pay Shot Up in 2023

The business software company rewarded John Schultz for continuing to "transform HPE's information technology systems to improve stability, resilience, and performance."
2 minute read

Corporate Counsel

IBM's Michelle Browdy Bringing Decade-Long Run as GC to End

Browdy told Law.com in a 2017 interview that she viewed helping members of her team grow and advance as a key part of her job.
2 minute read

Corporate Counsel

The Compensation Puzzle: An Added Piece Is 'Compensation Culture'

There's one piece that may be the most critical to ensuring you are walking into a compensation negotiation from a position of strength: Have a grasp of a company's compensation philosophy, otherwise known as their "compensation culture." Compensation culture will dictate salary ranges, the negotiation and everything in between.
6 minute read

Corporate Counsel

Starbucks Credits Newly Hired GC for Early Achievements, Doles Out $3M in Compensation

Brad Lerman spent a decade as general counsel of Medtronic before joining the coffee giant in April.
2 minute read

Corporate Counsel

Apple GC Kate Adams Earned Nearly $27M in 2023

Adams benefited from the company exceeding its targets for sales and operating income, but nonetheless received a hair less than in 2022.
3 minute read

Daily Report Online

Georgia GC Compensation Remains Strong Following COVID-19 Decrease

"As in 2021, I think 2022 was also a great year financially for a lot of companies," said Bob Graff, an Atlanta-based in-house recruiter and a partner with Major, Lindsey & Africa. "The stock market did pretty well last year. It's not surprising that people met or exceeded their bonus targets and met or exceeded their equity targets."
5 minute read

Corporate Counsel

Netflix Follows Apple in Overhauling Executive Pay, Signaling Tech-Industry Trend

"CEO compensation of the largest and most visible publicly traded companies in the United States has long been controversial. … What's different now is that there might actually be a modest sea change in the works," legal department consultant Jason Winmill said.
5 minute read

Corporate Counsel

Microsoft's Goal-Based Pay Formula Spits Out Cuts for Top Lawyer Brad Smith, Other Execs

The compensation committee says it set ambitious targets despite the forecasting challenges caused by "a changing global macroeconomic environment, including increasing inflation and rising interest rates."
3 minute read

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