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Semel Snags Big Pay Day

$150 million so far and counting

     
3:45 pm on Jul 30, 2004 (gmt 0)

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[boston.com...]

With the latest windfall, Semel has pocketed about $150 million so far this year by exercising some of the stock options Yahoo has awarded him since he took over as CEO in May 2001.

Tor

5:07 pm on July 30, 2004 (gmt 0)

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That`s what I call a decent compansation .... ;)
5:37 pm on July 30, 2004 (gmt 0)

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soon google's founders and GG will find that limelight?
6:04 pm on July 30, 2004 (gmt 0)

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So, what exactly did he do to earn this?
6:26 pm on July 30, 2004 (gmt 0)

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WOW!

If I had $150 million dollars in my pocket I would certainly invest some in google stock... :-)

7:28 pm on July 30, 2004 (gmt 0)

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"by exercising some of the stock options"

Keyword here is that he exercised "some" of the stock options, so his gains are not limited to $150 million. He will make more money in the future.

8:49 pm on July 30, 2004 (gmt 0)

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"Yahoo's market value has tripled since Semel's arrival, restoring nearly $30 billion in shareholder wealth"

It's not over yet, but I think a downpayment of $150,000,000 for "restoring nearly $30 billion in shareholder wealth" is a pretty fair deal.

I'd pay him that if he could do it for my little company. ;)

Rob

9:44 pm on July 30, 2004 (gmt 0)

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I would certainly invest some in google stock... :-)

I can see the headlines now... "Yahoo CEO Invests 50 Million Dollars in Major Search Competitor's IPO"

Hahaha... Riiiiiight.

11:11 pm on July 30, 2004 (gmt 0)

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Not surprising. Although I still think Yang would've been a better CEO...

Sid

11:45 pm on July 30, 2004 (gmt 0)

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I still think Yang would've been a better CEO...

..and I completely agree. Mind you, this particular payday would be pocket change [fortune.com] for Mr. Yang..

4:32 am on July 31, 2004 (gmt 0)

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Are you kidding, only fools or people not know much about PPC or sponsored search industry would invest in Goolge. Plain and simple.
Here is what I'm talking about.

[internetnews.com...]

"We may have to seek a license for the technology, which may not be available on reasonable terms and may significantly increase our operating expenses. The technology also may not be available for license to us at all."
Oveture will finally put this 2 year lawsuit to a close and win. Then basically they decide if they want FindWhat and Google to be operating. If so they will be getting license of the Technology from Overture. This I say will be at a huge price seeing these are Yahoo's two main search competitors. So no. I would not personally invest in Google.

3:33 am on Aug 1, 2004 (gmt 0)

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If you buy Google's IPO get ready to lose money. Google will not be the major player search engine market once the new MSN search is launched. Microsoft will dominate this market too I promise you.
8:30 am on Aug 1, 2004 (gmt 0)

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Microsoft will dominate this market too I promise you.
Have you tried their beta search technology. I just did and I had to send in feedback because my site was consistently showing up in 13-17 of the first twenty results. If they get past Google with that Semel's payday will be pochet change for me.;) (Not really, but you get the idea)

btw, Thanks for that link nate_king1