According to SEC papers published today, Yahoo chief executive Carol Bartz earned $47.22-million in 2009 in total compensation.

The Yahoo boss received a salary worth $969,872 in the year, and long call options currently worth $42.1-million. The remainder came from other compensation, bringing total compensation to $47.22-million in 2009.

We firstly reported on January 16, 2009 that an SEC filing indicated she would earn $19-million in 2009, where it was believed she would receive $4-million in annual bonuses, a $1-million base salary, and $10-million in equity and cash payments. That SEC filing indicated she would receive stock options, but only now that amount has been disclosed.

Carol Bartz was chosen as the new top boss at Yahoo after the current CEO at the time, Jerry Yang, was ultimately forced to step down with mounting pressure from shareholders after failing to accept a Microsoft acquisition offer worth $33 per Yahoo share.

The Yahoo share at one point in April 2010 was trading at about $10 per share, this compares to a marginal increase today where the stock (NASDAQ:YHOO) closed today at $16.53 per share.

Jerry Yang stepped down on November 17, 2008, and Carol joined Yahoo early in 2009. Yang still remains an executive at the company.

Yahoo lastly reported net income of $310-million in the first quarter of 2010, compared to net income of $118-million reported in the same period of fiscal 2009.