HP Issues Statement on ISS Recommendation
PALO ALTO, CA--(Marketwire - Mar 12, 2013) - HP (NYSE: HPQ) issued the below statement following Institutional Shareholder Services' (ISS) decision to change its recommendation and encourage shareholders to vote for HP's "Say on Pay" proxy proposal:
"HP is pleased that ISS has changed its recommendation to investors and is now supporting the 'Say on Pay' proposal in our proxy statement. We continue to believe that our pay-for-performance program reflects the industry's best practices."
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world's largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems. More information about HP is available at http://www.hp.com.
©2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements.
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