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Yahoo's new CEO has to tackle share price
If she wants to pay the rent
Fri Jan 16 2009, 14:15
SEARCH ENGINE YAHOO has made getting its low share price up its new CEO's top priority.
While it is giving Carol Bartz, an annual salary of $1 million, it has linked her overall pay package tightly to her ability to improve the Internet outfit's share price of $11.
She will get five million stock options linked to gains in Yahoo's share price and she can only exercise the options if the share price rises by at least 50 percent between now and January 1, 2013.
If she does, then she will be laughing all the way to the bank. µ
L'Inq
Wall Street Journal
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Yahoo's share price is only down 60% from a 2 year high. Barclays has lost 800% of it's value, from £8 down to under £1.
How can a bank lose so much of it's share price?
Just how shit are the management at Barclays if Mr Wang can run rings around them and he's just an IT geek? ;-)
The Inq, seriously, WTF are you guys doing about fixing the comments paragraph bug?