Yahoo’s new CEO to get $1 million and total $27 million this year

Deepanker Verma

14 years ago

Few days back, Yahoo got its new CEO Scott Thompson. For the new CEO Yahoo has decided the payscale and all other commissions. Scott Will get $1 million as his salary with upto $2 million as a cash bonus. He will also get stock awards that could be worth as much as $22.5 million.

The stock awards could be worth more or less, depending how Yahoo’s long-slumping shares fare under Thompson’s leadership.

Thompson received a $10.4 million compensation package at PayPal in 2010. It included a $645,000 salary. EBay hasn’t yet revealed how much it paid Thompson last year.

Thompson is assigned as a new CEO of the Yahoo which struggling and loosing market share with Google. As a new CEO, it will be a challenging task for Thompson to get better results in less time.

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