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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Friday, January 16, 2009
Yahoo! Inc.'s new CEO, Carol Bartz, will walk away rich no matter how she performs at the struggling Internet company.

According to the AP:

For starters, Bartz will receive a salary of $1 million, double the $500,000 she had been getting as executive chairman of her previous employer, software maker Autodesk Inc.

Bartz, 60, could supplement her salary with a cash bonus up to $4 million, depending on Yahoo's financial performance. She also is guaranteed a 2009 payment of $2.5 million in cash and $7.5 million in Yahoo stock to make up for benefits and stock awards she relinquished at Autodesk to take the new job.

Yahoo will award her with another stock grant initially valued at $8 million as part of annual incentives given to all the Sunnyvale-based company's brass.


Friday, January 16, 2009 4:31:39 PM UTC  #    Comments [0]  |  Trackback