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Yahoo! Pays Carol Bartz $47m

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Msg#: 4125079 posted 5:27 pm on Apr 30, 2010 (gmt 0)

Yahoo! Pays Carol Bartz $47m [telegraph.co.uk]
Carol Bartz, the chief executive brought in to turn around ailing search engine Yahoo!, was paid a total of $47m (30m) last year. Most of the package - $29m - was in the form of stock options, according to a regulatory filing. She also received share awards of $13m.

This was on top of a salary of $969,872, a $1.5m bonus as part of an incentive plan and a further $2.62m, which was mostly to compensate the 61-year-old for what she forfeited when she left her previous job as chief executive of Autodesk.



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Msg#: 4125079 posted 5:38 pm on Apr 30, 2010 (gmt 0)

Ms Bartz joined Yahoo! in January last year to help close the gap between the company and larger rival Google.

Good job on that so far Carol. I could slowly lose ground to Google also as Yahoo's new CEO but I'd cost much less than 47 mil a year. The salaries some of these CEO's get to continue failing is ridiculous.

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