Yahoo exec Carol Bartz compensation topped $47M in 2009

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.


tag TAGS: ,
Short URL: http://business2press.com?p=5734
Recommended:
b2p Ensure that you follow us on Twitter and Like us on Facebook
Peggy holds a Bachelor Arts degree with honors in Economics from York University in Toronto, Canada. She is a Certified Management Accountant (CMA). She has also passed Level I of the Chartered Financial Analyst (CFA) Program. She is also a realtor. Write to peggy@business2press.com
checkmark
We are perfectly committed to the highest ethical and professional codes of conduct and standards in the industry on a firm wide basis. Learn more about us, our contributors, and our governance
b2p
We encourage you to comment. Comments are moderated. Comments that are abusive, off-topic, have marginal substance, or include promotional content will be removed. We cannot facilitate requests to edit or remove comments, or explain moderation decisions
  • http://www.dirtyphonebook.com Anonymous

    That's disgusting.

    I don't care if somebody makes 50 or 100 million or even 1 billion.

    But at least ACTUALLY DESERVE IT

    It's like the scum at these finance companies that get 20 million dollar bonuses for running the company into the ground. How can Yahoo shareholders stand for this?

  • http://www.dirtyphonebook.com Anonymous

    That’s disgusting.nnI don’t care if somebody makes 50 or 100 million or even 1 billion.nnBut at least ACTUALLY DESERVE ITnnIt’s like the scum at these finance companies that get 20 million dollar bonuses for running the company into the ground. How can Yahoo shareholders stand for this?nn

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)

logo

StockFractions.com has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo

title

Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press