Hewlett Packard Enterprise management check
HPE · Information Technology · Technology Hardware, Storage & Peripherals · CEO Antonio F Neri
Filings as of
2 good · 3 to watch · 2 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $329, against $319 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.39 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Flag
What does the CEO cost owners?
41.2% of net income$23.5m of reported pay in fiscal 2025, against $57.0m of net income.
- Watch
Do they own the stock?
CEO stake ≈ 4.0 years of payThe CEO holds 1,375,697 shares, directly or through trusts (unvested awards not counted): about 4.0 years of pay. 6 insiders sold $41.4m in the last six months and none bought. 9 of 11 sales ran on pre-arranged 10b5-1 plans.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.3% a year over the last three fiscal years. Stock-based pay was 1.9% of revenue in the latest year.
- Flag
Is leadership stable?
14 leadership filings in 3 yearsCEO in the pay table: Mr. Neri. 14 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Information Technology.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 54 | 33 | |
| Pay for performance | 70 | 87 | |
| CEO cost | 0 | 35 | |
| Skin in the game | 45 | 47 | |
| Dilution | 46 | 56 | |
| Stable leadership | 55 | 85 | |
| Clean books | 100 | 100 |
Closest peers
Others in Technology Hardware, Storage & Peripherals, by management score. Hewlett Packard Enterprise is 56th of 73 in its sector.
- 3SNDKSandisk94
- 7DELLDell Technologies90
- 24STXSeagate Technology85
- 178WDCWestern Digital70
- 195PEverpure69
- 204AAPLApple Inc.68
- 295SMCISupermicro62
- 348NTAPNetApp58
- 387HPQHP Inc.55
- 403HPEHewlett Packard Enterprise53
Pay versus performance
From the proxy statement filed February 11, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Neri | $23.5m | $30.7m | $11.8m | $329 | $319 | $57.0m |
| 2024 | — | $21.4m | $24.0m | $8.4m | $256 | $232 | $2.6bn |
| 2023 | — | $20.1m | $27.2m | $6.5m | $196 | $153 | $2.0bn |
| 2022 | — | $17.4m | $12.3m | $6.4m | $176 | $117 | $868.0m |
| 2021 | — | $19.1m | $31.3m | $7.7m | $175 | $147 | $3.4bn |
Its other key measures: Net revenue, Non-GAAP earnings from operations, Non-GAAP net earnings, Relative TSR.
Insiders and the CEO's stake
Antonio F Neri (President and CEO) held 1,375,697 shares directly after their latest Form 4 on Oct 5, 2026, roughly $94.0m at that filing's price.
6 insiders sold $41.4m in the last six months and none bought. 9 of 11 sales ran on pre-arranged 10b5-1 plans.
- SoldAntonio F NeriPresident and CEO · 10b5-1 plan$32.2mOct 5, 2026
- SoldMarie MyersEVP & CFO · 10b5-1 plan$2.8mMay 5, 2026
- Soldrami rahimEVP, Pres GM Networking · 10b5-1 plan$2.1mSep 29, 2026
- SoldGary M ReinerDirector$2.1mSep 14, 2026
Leadership and governance on file
- Jul 24, 2026Leadership change8-K 5.02
- Jun 1, 2026Leadership change8-K 5.02
- Apr 3, 2026Leadership change8-K 5.02
- Feb 6, 2026Leadership change8-K 5.02
- Nov 12, 2025Leadership change8-K 5.02
- Sep 22, 2025Leadership change8-K 5.02
- Jul 16, 2025Leadership change8-K 5.02
- Apr 4, 2025Leadership change8-K 5.02
- Nov 5, 2024Leadership change8-K 5.02
- Apr 12, 2024Leadership change8-K 5.02
- Apr 1, 2024Leadership change8-K 5.02
- Feb 8, 2024Leadership change8-K 5.02
Latest shareholder vote results: Apr 3, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $4.7bn returned to owners in buybacks and dividends, 53% of net income, and $2.3bn of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $27.8bn | $28.5bn | $29.1bn | $30.1bn | $34.3bn |
| Net income | $3.4bn | $868.0m | $2.0bn | $2.6bn | $57.0m |
| Stock-based pay | $382.0m | $391.0m | $428.0m | $430.0m | $643.0m |
| Buybacks | $213.0m | $512.0m | $421.0m | $150.0m | $202.0m |
| Dividends | $625.0m | $621.0m | $619.0m | $676.0m | $684.0m |
| Diluted shares | 1330m | 1322m | 1316m | 1337m | 1324m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.