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Yahoo! Pays Carol Bartz $47m

5:27 pm on Apr 30, 2010 (gmt 0)

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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.
5:38 pm on Apr 30, 2010 (gmt 0)

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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.