Thursday, January 15, 2009

Carol Bartz Accept Salary Minimum 19 Million Dollar

After terpilihnya Carol Bartz as the new CEO of Yahoo, may now become himself the most happy. Yahoo Inc. will pay the salary of the CEO Carol Bartz at least $ 19 million in cash and stock in the first year he served as CEO, has not added incentive package if it can maintain the capacity of Yahoo as the Internet company dominator. Details compensation Bartz has been announced, Yahoo Thursday after calling for a woman with a large amount of technology to replace co-founder Jerry Yang as head of the Yahoo executive.

Bartz management style will bring a different from the leadership of Jerry Yang, as well as the value of the payment. For a start, Bartz will receive a salary of $ 1 million, twice gajinya as executive chairman at the software company Autodesk Inc., Which is only worth $ 500,000. According to the financial Yahoo, Bartz (60) can also add a $ 4 million bonus, depending on its performance with the increase in the price of Yahoo shares, which is the main reason Bartz chosen to work in Yahoo. Bartz also get a guarantee of payment in 2009 for $ 2.5 million in cash and $ 7.5 in the form of Yahoo shares.

Yahoo shares declined 80 percent to close $ 11.61, while the decline in shares of 60 percent has occurred since the leadership became CEO in June 2007. Bartz has no other choice unless he can add a Yahoo stock price of at least 50 percent above the price of the options. Analyst that while many believe that Yahoo can improve sahamnya value by selling its search engine to Microsoft Corp., which is very interested in the Yahoo and intend serious rival Google Inc. domination. search engine in the world. However, Bartz reject these ideas.

Jerry Yang, who had been the miliarder for many years holds Yahoo, receive the maximum salary of only $ 1 million. Before the period, previously CEO of Yahoo, Terry Semel, only receive $ 250,001 in his leadership, before finally meeting in the shareholder or shareholders to give award worth $ 71 million to him.

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