severance

Former CEO Thompson Might Be Gone, But Internal Investigation Into ResuMess Still a Hot Potato at Yahoo

Kara Swisher in News on May 22 at 9:03 am PT

The mystery of the botched bio lingers on.

Here’s Yahoo’s Official Parting With Thompson Over ResuMess — No Severance, But Make-Whole Millions

Kara Swisher in News on May 14 at 1:59 pm PT

And don’t let the door hit you on the way out.

Yahoo’s Parting With Thompson Will Be for “Cause” (aka CSLie)

Kara Swisher in News on May 14 at 2:00 am PT

And not cancer, as unfortunate as the timing is for the ousted Yahoo CEO.

It’s Official: Yahoo Lays Off 2,000 Employees — 14 Percent of Workforce

Kara Swisher in News on April 4 at 6:22 am PT

CEO Scott Thompson promises that Yahoo, after staff cuts of 14 percent of the entire workforce, will be “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.”

Voices

HP to Limit Severance Payouts for Ousted Executives

Joann S. Lublin and Ben Worthen, Reporters, The Wall Street Journal in News on December 15, 2011 at 4:27 pm PT

Hewlett-Packard Co., still smarting from criticism over the exit packages it awarded to ousted chief executives Mark Hurd and Leo Apotheker, will limit severance payments it makes to senior executives who are pushed out.

HP’s New CEO Takes $1 Annual Salary and Lots of Stock Options

Arik Hesseldahl in News on September 29, 2011 at 3:18 pm PT

Meg Whitman’s annual paycheck to run Hewlett-Packard: $1. Her potential stock-based compensation: A lot more than that.

Apotheker’s Exit Is Cheaper Than Expected for HP (But Still Pricey, Considering)

Arik Hesseldahl in Enterprise on September 29, 2011 at 3:01 pm PT

HP’s former CEO walks away with about $13 million now and maybe $10 million more later.

Voices

Did Yahoo Chief’s Post-Firing Comments Constitute Disparagement?

Nathan Koppel, Reporter, The Wall Street Journal in News on September 12, 2011 at 12:20 pm PT

Last week, Yahoo’s former CEO, Carol Bartz, suffered one of the more high-profile firings in recent memory. As you may have heard, Bartz did not take kindly to the fact that she was fired by telephone.

News Byte

Bartz — As Expected — Off Yahoo Board With a Pile of Goodbye Cash

Kara Swisher in News on September 11, 2011 at 9:16 pm PT

Ousted CEO Carol Bartz has also left her seat on Yahoo’s board, the company said: “On September 9, 2011, Carol Bartz resigned from the Board of Directors of Yahoo! Inc. effective immediately.” Now, despite a nondisparagement clause and disparaging statements about the board — including calling them “doofuses” — she is in line to get more than $10 million in severance payments.