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Yahoo’s New CEO To Be Richly Rewarded

$19 million marked for Bartz this year

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People often ask themselves how much money they’d require in order to perform an unpleasant task.  Think about an actor considering a really stupid role, for example, or that entire show "Fear Factor."  And, well, it seems that $19 million was enough to get Carol Bartz to take charge of Yahoo.

Carol Bartz
 Carol Bartz

Details of the new Yahoo CEO’s compensation package were explained in an SEC filing.  Although the situation isn’t entirely straightforward – there won’t be a lump sum deposited in Bartz’s bank account – she definitely stands to gain a great deal of money.

Let’s start with the guaranteed goodies.  First, there’s the base salary of $1 million.  Then there’s an annual equity grant, which will be equal to $8 million in stock this year.  Lastly, there’s a grant worth $10 million (25 percent cash, 75 percent stock) to make up for whatever Bartz’s previous employer won’t give her now.  Plus four weeks of vacation and some other random stuff.

Not bad, eh?  But we mustn’t forget the "maybes."  Bartz is eligible to receive an annual bonus worth between two and four times her base salary.  Next, tied in a tiered manner to increases in the company’s value, there are stock options for 5 million Yahoo shares.

So try not to feel too bad for Yahoo’s new CEO, even if she is inheriting a messy situation.

Yahoo’s New CEO To Be Richly Rewarded
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  • Guest

    part of the problem in the world is over paid CEOs. Many jobs in America have been lost because overseas pays their employees squat and more money goes to the CEOs pockets and none to the american employees.
    So why is there so much unemployment? How many jobs could be saved if the greedy stock holders didnt pay ceos such outrageous saleries?? I guess that we will never know.

    GREED RULES THE WORLD! woo hoo!

  • Guest

    Thanks! You just gave me yet another reason to leave yahoo’s geocities as soon as I can rebuild my web site somewhere else!

    Now I have no hope in that they will lower their prices back to what they were and / or improve what they give you for your money, because they won’t be able to afford it!

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    My only question is what does this lady do?

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