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Companies HPE

HPE (HPE): executive pay, fiscal 2025

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CEO total pay$23,482,721CEO Antonio Neri · source
Say-on-pay support73.55%Latest vote · source
CEO pay ratio316:1To the median employee · source

CEO pay, last three years

  • $20,066,549FY2023
  • $21,411,197FY2024
  • $23,482,721FY2025

CEO total pay was $23,482,721 in fiscal 2025, up from $21,411,197 in fiscal 2024.

FY2025: salary $1,350,000 · bonus $0 · stock awards $19,628,955 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at HPE in fiscal 2025?
As disclosed, Antonio Neri (President and Chief Executive Officer) was the highest-paid executive at HPE in fiscal 2025, with total compensation of $23,482,721.
How does HPE's chief executive pay compare to its disclosed peer group?
Antonio Neri's pay percentile against HPE's disclosed peer group is temporarily unavailable.
What is HPE's CEO-to-median employee pay ratio?
As disclosed, HPE's CEO-to-median employee pay ratio was 316:1.
How did shareholders vote on HPE's executive compensation?
As disclosed, 73.55% of shareholders supported HPE's executive compensation in the latest say-on-pay vote.
How much does HPE spend in total on board compensation for fiscal 2025?
As disclosed, HPE reported total board compensation of $4,436,260 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Antonio Neri$1,350,000$0$19,628,955$0$2,408,832$13,695$81,239$23,482,721
President and Chief Executive Officer
Rami Rahim334,430014,509,94201,651,29101,00016,496,663
Executive Vice President, President and General Manager of Networking
Marie Myers850,000500,0009,241,73001,175,754046,80011,814,284
Executive Vice President, Chief Financial Officer
John Schultz800,00008,330,58101,154,592056,77410,341,947
Executive Vice President, Chief Operating and Legal Officer
Fidelma Russo750,00006,768,6190864,525044,9978,428,141
Executive Vice President, General Manager of Hybrid Cloud and Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Antonio Neri$23,482,721$21,411,197$20,066,549↑ +2,071,524
Rami Rahim16,496,663———
Marie Myers11,814,28413,242,783—↓ −1,428,499
John Schultz10,341,9479,448,2309,121,166↑ +893,717
Fidelma Russo8,428,1417,260,545—↑ +1,167,596

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

Total direct compensation is generally positioned within a competitive range of the market median, with differentiation by executive, as appropriate, based on individual factors such as tenure, criticality of the role, proficiency in the role, sustained performance over time, and importance to our leadership succession plans

CEO STI target (% of salary)200%
CEO LTI target (% of salary)—
Independent consultantFW Cook
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Rami RahimRSU2025-09-30——223,941—$5,499,991
Rami RahimRSU2025-07-17——146,484—3,051,262
John SchultzRSU2024-12-09——173,085—3,999,994
Antonio NeriPSU2024-12-09163,133407,832—815,66410,203,957
John SchultzPSU2024-12-0969,234173,085—346,1704,330,587
Marie MyersPSU2024-12-0976,806192,016—384,0324,804,240
Marie MyersRSU2024-12-09——192,016—4,437,490
Antonio NeriRSU2024-12-09——407,832—9,424,998
Fidelma M. RussoPSU2024-12-0956,253140,632—281,2643,518,613
Rami RahimPSU2025-09-3089,576223,941—447,8825,958,689
Fidelma M. RussoRSU2024-12-09——140,632—3,250,006

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Rami Rahim$8,551,253$5,958,689$041.1%
John Schultz3,999,9944,330,587052.0%
Antonio Neri9,424,99810,203,957052.0%
Marie Myers4,437,4904,804,240052.0%
Fidelma M. Russo3,250,0063,518,613052.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John SchultzRSU68,471—$1,672,062
RussoRSU99,747—2,435,822
John SchultzPSU108,060—2,638,825
RussoRSU130,772—3,193,452
John SchultzRSU141,775—3,462,146
RussoRSU144,295—3,523,684
RussoPSU144,296—3,523,708
Rami RahimRSU148,228—3,619,728
Antonio NeriRSU160,211—3,912,353
John SchultzRSU177,593—4,336,821
John SchultzPSU177,593—4,336,821
RussoPSU196,158—4,790,178
Marie MyersRSU197,017—4,811,155
Marie MyersPSU197,018—4,811,180
John SchultzPSU220,677—5,388,932
Rami RahimRSU225,209—5,499,604
Rami RahimPSU225,209—5,499,604
Antonio NeriPSU249,368—6,089,567
Marie MyersPSU267,987—6,544,243
Marie MyersRSU314,777—7,686,854
Antonio NeriRSU336,061—8,206,610
Rami RahimRSU394,379—9,630,735
Rami RahimRSU394,379—9,630,735
Antonio NeriRSU418,454—10,218,647
Antonio NeriPSU418,454—10,218,647
Rami RahimRSU461,481—11,269,366
Antonio NeriPSU523,088—12,773,809
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Patricia F. RussoIndependent · Board Chair · HR and Compensation · Nominating and Governance$157,500$397,501$0—$0$555,001
Jean M. HobbyIndependent · Audit (Chair) · HR and Compensation145,000240,0020—0385,002
Pamela L. CarterIndependent · Audit · HR and Compensation (Chair) · HRC (Chair)145,000240,0020—0385,002
Charles H. NoskiIndependent · Finance and Investment (Chair) · Nominating and Governance · Strategy · FIC (Chair)135,000240,0020—0375,002
Raymond E. OzzieIndependent · Technology (Chair) · Tech (Chair) · Not standing for re-election135,000240,0020—0375,002
Gary M. ReinerIndependent—374,9900—0374,990
Frank A. D'AmelioIndependent122,500240,0020—0362,502
Bethany J. MayerIndependent · Audit · Technology120,000240,0020—0360,002
Raymond J. LaneIndependent · Finance and Investment · Technology · Strategy—355,0110—0355,011
Ann M. LivermoreIndependent · Finance and Investment · Nominating and Governance115,000240,0020—0355,002
Regina E. DuganIndependent · HR and Compensation · Technology115,000240,0020—0355,002
Robert M. CalderoniIndependent · Strategy (Chair) · Strategy** (Chair) · Newly elected38,750159,9920—0198,742
Antonio F. NeriEmployee director000—00

Board fee structure and ownership guideline

Annual cash retainer$115,000
Annual equity retainer$240,000
Per board meeting fee$2,000
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000 / 20,000
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,228,750
Equity awards (grant-date value)$3,207,510
All other compensation$0
Total cost of the board$4,436,260

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names HPE as a peer

Companies that benchmark against HPE

The list of companies that name HPE as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

ADP ADPHON HoneywellDXC DXC TechnologyHPQ HP Inc.NTAP NetAppAMD Advanced Micro DevicesACN AccentureCSCO Cisco Systems, Inc.CTSH CognizantFLEX Flex Ltd.IBM IBMINTC Intel CorporationJBL JabilJNPR Juniper NetworksKD Kyndryl HoldingsMU Micron TechnologyQCOM QualcommSTX Seagate TechnologyWDC Western DigitalXRX XeroxPSTG Pure StorageAMAT Applied MaterialsANET Arista NetworksTXN Texas Instruments

Peer reciprocity

Of the companies HPE names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

ADP (ADP) Honeywell (HON) DXC Technology (DXC) HP Inc. (HPQ) NetApp (NTAP) Advanced Micro Devices (AMD) Accenture (ACN) Cisco Systems, Inc. (CSCO) Cognizant (CTSH) Flex Ltd. (FLEX) IBM (IBM) Intel Corporation (INTC) Jabil (JBL) Juniper Networks (JNPR) Kyndryl Holdings (KD) Micron Technology (MU) Qualcomm (QCOM) Seagate Technology (STX) Western Digital (WDC) Xerox (XRX) Pure Storage (PSTG) Applied Materials (AMAT) Arista Networks (ANET) Texas Instruments (TXN)

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including HPE.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1HPE2025Antonio Neri$1,350,000$19,628,955$0$2,408,832$23,482,721
—ADP——————not in coverage universe
—Honeywell——————not in coverage universe
—DXC Technology——————not in coverage universe
—HP Inc.——————not in coverage universe
—NetApp——————not in coverage universe
—Advanced Micro Devices——————not in coverage universe
—Accenture——————not in coverage universe
—Cisco Systems, Inc.——————not in coverage universe
—Cognizant——————not in coverage universe
—Flex Ltd.——————not in coverage universe
—IBM——————not in coverage universe
—Intel Corporation——————not in coverage universe
—Jabil——————not in coverage universe
—Juniper Networks——————not in coverage universe
—Kyndryl Holdings——————not in coverage universe
—Micron Technology——————not in coverage universe
—Qualcomm——————not in coverage universe
—Seagate Technology——————not in coverage universe
—Western Digital——————not in coverage universe
—Xerox——————not in coverage universe
—Pure Storage——————not in coverage universe
—Applied Materials——————not in coverage universe
—Arista Networks——————not in coverage universe
—Texas Instruments——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
HPEnot disclosednot disclosednot disclosednot disclosed
Accenturenot disclosednot disclosednot disclosednot disclosed
ADPnot disclosednot disclosednot disclosednot disclosed
Advanced Micro Devicesnot disclosednot disclosednot disclosednot disclosed
Applied Materialsnot disclosednot disclosednot disclosednot disclosed
Arista Networksnot disclosednot disclosednot disclosednot disclosed
Cisco Systems, Inc.not disclosednot disclosednot disclosednot disclosed
Cognizantnot disclosednot disclosednot disclosednot disclosed
DXC Technologynot disclosednot disclosednot disclosednot disclosed
Flex Ltd.not disclosednot disclosednot disclosednot disclosed
Honeywellnot disclosednot disclosednot disclosednot disclosed
HP Inc.not disclosednot disclosednot disclosednot disclosed
IBMnot disclosednot disclosednot disclosednot disclosed
Intel Corporationnot disclosednot disclosednot disclosednot disclosed
Jabilnot disclosednot disclosednot disclosednot disclosed
Juniper Networksnot disclosednot disclosednot disclosednot disclosed
Kyndryl Holdingsnot disclosednot disclosednot disclosednot disclosed
Micron Technologynot disclosednot disclosednot disclosednot disclosed
NetAppnot disclosednot disclosednot disclosednot disclosed
Pure Storagenot disclosednot disclosednot disclosednot disclosed
Qualcommnot disclosednot disclosednot disclosednot disclosed
Seagate Technologynot disclosednot disclosednot disclosednot disclosed
Texas Instrumentsnot disclosednot disclosednot disclosednot disclosed
Western Digitalnot disclosednot disclosednot disclosednot disclosed
Xeroxnot disclosednot disclosednot disclosednot disclosed

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-01740,427,894264,120,7062,163,36073.55%Passed
20252025-04-02886,480,847104,459,2322,854,36689.2%Passed
20242024-04-10881,278,77988,693,3763,366,26590.54%Passed
20232023-04-05886,310,75599,981,3443,108,53889.58%Passed
20222022-04-05900,836,85996,349,7383,929,94089.98%Passed
20212021-04-14944,393,65649,381,4783,319,14494.71%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-04-0173.55%a
20252025-04-0289.2%b
20242024-04-1090.54%c

a. Approved under the standard stated in the filing — “Vote required Approval of our executive compensation, on an advisory basis, requires the affirmative vote of a majority of the shares of HPE common stock present in person or represented by proxy and entitled to vote on this proposal at the annual meeting.”.

b. Approved under the standard stated in the filing — “2 - 6, the abstention will have the same effect as an "AGAINST" vote.”.

c. Approved under the standard stated in the filing — “2 - 5, the abstention will have the same effect as an "AGAINST" vote.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)316 : 1
CEO total compensation$23,482,721
Median employee compensation$74,276
Insider trades since the proxy

Equity transactions since the proxy statement are temporarily unavailable — recheck shortly.

Sources (37 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Antonio Neri. DEF 14A, filed 2026-02-11. Section “Fiscal 2025 summary compensation table” · page 94. As printed: 23,482,721. View filing ↗
  • Section 01, Rami Rahim. DEF 14A, filed 2026-02-11. Section “Fiscal 2025 summary compensation table”. As printed: 16,496,663. View filing ↗
  • Section 01, Marie Myers. DEF 14A, filed 2026-02-11. Section “Fiscal 2025 summary compensation table”. As printed: 11,814,284. View filing ↗
  • Section 01, John Schultz. DEF 14A, filed 2026-02-11. Section “Fiscal 2025 summary compensation table”. As printed: 10,341,947. View filing ↗
  • Section 01, Fidelma Russo. DEF 14A, filed 2026-02-11. Section “Fiscal 2025 summary compensation table”. As printed: 8,428,141. View filing ↗
  • Section 03, Rami Rahim RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Rami Rahim RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Schultz RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Antonio Neri PSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, John Schultz PSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Marie Myers PSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Marie Myers RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Antonio Neri RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Fidelma M. Russo PSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Rami Rahim PSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Fidelma M. Russo RSU. DEF 14A, filed 2026-02-11. Section “grants of plan-based awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-02-11. Section “CEO Pay Ratio”. As printed: 316 : 1. View filing ↗
  • Section 08, Patricia F. Russo. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 555,001. View filing ↗
  • Section 08, Jean M. Hobby. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 385,002. View filing ↗
  • Section 08, Pamela L. Carter. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 385,002. View filing ↗
  • Section 08, Charles H. Noski. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 375,002. View filing ↗
  • Section 08, Raymond E. Ozzie. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 375,002. View filing ↗
  • Section 08, Gary M. Reiner. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 374,990. View filing ↗
  • Section 08, Frank A. D'Amelio. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 362,502. View filing ↗
  • Section 08, Bethany J. Mayer. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 360,002. View filing ↗
  • Section 08, Raymond J. Lane. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 355,011. View filing ↗
  • Section 08, Ann M. Livermore. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 355,002. View filing ↗
  • Section 08, Regina E. Dugan. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 355,002. View filing ↗
  • Section 08, Robert M. Calderoni. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 198,742. View filing ↗
  • Section 08, Antonio F. Neri. DEF 14A, filed 2026-02-11. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-04-03. Item 5.07 · say-on-pay result. As reported: 73.55% (votes for as printed: 740,427,894). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-04-04. Item 5.07 · say-on-pay result. As reported: 89.2% (votes for as printed: 886,480,847). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-04-12. Item 5.07 · say-on-pay result. As reported: 90.54% (votes for as printed: 881,278,779). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 1,228,750 + equity 3,207,510 + all other 0 = 4,436,260, summed across the director compensation table rows.
  • HPE (subject), Section 10b CEO total. DEF 14A, filed 2026-02-11. CEO total compensation as printed in HPE's own proxy. As printed: 23,482,721. View filing ↗
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