Saturday, April 30, 2011

Yahoo CEO Bartz payment cuts

San Francisco — trim compensation CEO Carol Bartz 75 percent 11.9 million last year as the Internet company Yahoo struggled to revive the growth of revenue, regulatory documents submitted show Friday.Yahoo CEO Carol Bartz speaks at the Mobile World congress in Barcelona, Spain, in February. By Manu Fernández, AP

Yahoo CEO Carol Bartz speaking at Mobile World Congress in Barcelona, Spain, in February.

By Manu Fernández, AP

Yahoo CEO Carol Bartz speaking at Mobile World Congress in Barcelona, Spain, in February.

A sharp decline in the value of the payment of the package originated from the successful Grand Awards Bartz when Yahoo hired her on September 1 to engineer a turnaround. incentives included 5 million stock options exercise price of $11.73. Neither of these options has the authority I have Yahoo's stock price has not reached the threshold provided by one or more of the contract, which expired Bartz in January 2013. Bartz, 62, 10 million dollars in cash and some limited during 2009 to complete the benefits and options stock gave up when she left her previous employerSoftware maker Autodesk Inc., to run Yahoo. Since it has eliminated hundreds of jobs, Bartz and online services not suitable for its program jettisoned for Yahoo status as the leading products of the site news, sports and entertainment. Cost-cutting helped Yahoo twice its revenues, operating more than 800 million of 630 million goal set by the Board of Yahoo, according to the company's Board is achievement. Yahoo this gave Bartz bonus 2.2 million last year, from 1.5 million in 2009. The wages of variable value remains Bartz-1 million $. She also received prizes valued 8.7 million dollar stock, and more than $ 5,300, surrounding bpinokim. Options included a 462,180 Prize stock last year with exercise price of the shares of $ 10.18. Yahoo closed Friday at $ 17.70. Although Bartz insists Yahoo is in much better than before, its not done a lot of strategy for the company's stock price. Stocks dipped slightly last year, while the technology-driven Nasdaq composite index gained 17 percent. Performance marglo expressed frustration with Wall Street and a decline in revenue easy Yahoo last year, while there was an increase of 15 percent of the company's primary way of publishing to the Web makes money in the stock of Yahoo has done ... better recently, even though the company's net revenue fell 6 percent in the first quarter. Raleigh was led by renewed speculation that the company struggles to make it a target of occupation of the Palestinian village for opportunistic investment funds believe that the company can jump back under different management buyout chatter still was not enough to pick up shares of Yahoo to levels that stock options should reach bartz on her dress. It does not receive title to the shares awarded her first 1.67 million to Yahoo's stock price averages $17.60 during a period of 20 days. Shares of Yahoo will get higher levels lmhmir highlights on $35.19 for all the options of dress Bartz. the average stock closing price of Yahoo! during the past 20 days trading was $16.86. associated press, The formula calculates the total compensation of the Manager during the last fiscal year by adding a Charter, Bonuses, perks, a matter over which the company pays compensation market declined and the value of shares of stock and options awarded during the year. The AP did not count the formula changes to the current pension benefits baarch. That is somewhat different in most cases the total AP report by securities companies, The Commission converts a value to a company ... are assigned to the Manager's stock option awards for 2010 was the current value of the company is expected to award equal laanala over time. Companies use one of the several formulas to calculate this value. However, the number is only an estimate, what ????? will ultimately depend on the performance of the stock of the company in the years after the granting of the awards of compensation. most of the programs require the administrator to wait for the stock period to receive stock or exercise the options.

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