New Yahoo CEO’s $27M Pay Package for 2012 = Lotsa Lettuce
Here’s the deal for new Yahoo CEO Scott Thompson, who left a job running eBay’s PayPal:
Annual pay: $1 million.
Bonus (if he’s very, very good): $2 million.
Bonus (even if he’s not): $500,000
Stock grant: $11 million.
One-time inducement grant: $5 million.
Make-whole cash bonus: $1.5 million
Make-whole restricted stock units: $6.5 million.
Shareholder horror if it doesn’t work this time: Priceless!
Oh, just read it for yourself:
