For Compaq Alumni
(Updated Jul 17, 2020.) Comments about this page to:
Select the links below that fit your situation...
- Current HPInc or HPE employee:
Networking and Information for Current Employees. Join
Ex-Compaq* group on LinkedIn.
- HPInc or HPE employee in the process of leaving: use the
groups on LinkedIn.
- Former Compaq employee who never worked for
groups on LinkedIn.
If you received a "Potential Private Retirement Benefit
Information" notice from Social Security, it is
usually based on outdated information about a retirement plan or an employee stock fund. Note the "Year
Reported" date on the form included in the body of the
notice. Here's how to decode it:
Key: HPInc is the legal successor to DEC, Tandem, and
Compaq. Responsibility was not transferred to successor companies such as Hewlett Packard Enterprise or DXC. HPInc has
responsibility for any commitments to former Compaq
employees. This includes any retiree health coverage,
pension, 401(k), etc. plans. (Does not depend on whether the employee's last
business unit ended up in HPInc or Hewlett Packard
Enterprise in the
Make sure that HPInc has
your current postal address.
Even if not classified by the company as a "Retiree" or
if long gone from the company -- in case of class-action
settlements, pension, or stock issues. Update
address at former company
LinkedIn. How to get your LinkedIn profile to show
the correct company for each position.
LinkedIn Tips & Traps - Positions
Time to untangle your stock! With any employer, no one but you
really cares about your employment-related stock. Due to the HP Breakup,
you may have stock in up to seven HP-related companies. It may not all
be held in the same place. Many find stray accounts -- or need to
retrieve stock or dividends turned over to a state as "unclaimed." With
each spinoff, the cost basis for your shares changed. You could pay
taxes twice on the same income. Your heirs won't need to know your cost
basis, but will need to find all the shares. An HP Alumni team developed
a step-by-step process to find and protect your stock. Go to
HPAA stock decoder tables for employee stock in major predecessor
Comments about this page to:
email@example.com (Updated May 23, 2019.)
If you bought CPQ shares under the Compaq employee stock purchase
plan, those shares were automatically converted to HPQ shares at the
time of the merger. Unless you have sold or transferred them, the shares
(and your corresponding new Hewlett Packard Enterprise and other spinoff
shares) are being held by the last administrator of the plan, Morgan
Stanley Smith Barney -- which is no longer being paid by the company for
HPAA advice for former CPQ employee shareholders
Morgan Stanley customers are getting different results from different
divisions of the company -- depending on whether they were
participants in the Compaq Employee Stock Purchase Plan or had
transferred their HP stock to a personal account at Morgan Stanley's
local-office-based retail brokerage division.
Morgan Stanley issues reported by members
Service at predecessor companies. Of HP's many
predecessor companies, only HP and DEC had retiree healthcare programs.
Only HP, DEC, and EDS had pension plans. Over the years, HP, DEC, and
EDS set aside money in dedicated trust funds to pay for those programs.
Compaq, Tandem, Autonomy, Palm, etc. did not have retiree healthcare or
pensions among their benefits programs. Their employees did not have
those expectations and there were no corresponding trust funds to pass
on to an acquiring company. Therefore, employees of those companies do
not get credit under HP's retiree healthcare or pension programs for
service at the predecessor company. (Predecessor service does count for FTO.) Details:
HPInc is the legal successor to Compaq HPInc has
responsibility for any commitments. This includes any
retiree health coverage, pension, 401(k), etc. plans. (Does
not depend on
whether the employee's last business unit ended up in HPInc or Hewlett Packard Enterprise in the
Employment verification and experience letters for Hewlett-Packard, HPInc, Hewlett Packard Enterprise, predecessor companies, and successor companies. How to provide
current and past employment status and salary to potential
employers, financial institutions, and government aid
agencies. Employment Verification:
- October 25, 1991: "The Day Everything Changed at Compaq"
LinkedIn "Pulse" article by Sean Burke
- "Open: How Compaq Ended IBM's PC
Domination and Helped Invent Modern Computing" – by Rod
Canion. "...a series of risky and daring decisions – often
facing criticism and incredulity – that allowed the open PC
standard marketplace to thrive and the incredible benefits
of open computing to be realized." BenBella Books (October
15, 2013) ASIN:
1937856992 Author's website:
- Documentary based on Rod Canion's "Open"
Verification for former HP and Compaq employees.
Directory of HP- and Compaq-related networks and groups
around the world.
former HP, HPInc, and HPE employees
Compaq company history (via the Internet Archive)
- Gordon Bell's
Wikipedia article – with references and links. Note:
Wikipedia articles change over time, may not cover all aspects of the
topic consistently, and may not be written from a neutral point of view.
* The informal
Ex-Compaq Employees group on LinkedIn is operated by Compaq
alumni, not by the HPAA. The group is not officially endorsed or
supported by any company.
The Hewlett-Packard Alumni Association is operated by former employees
who volunteer their time. Not officially endorsed or supported by any
Rod Canion, Jim Harris, and Bill
Murto – 1982.