Business
Yang takes $1 salary in 2007; Former Yahoo execs made the most
Yahoo said in an amendment to its annual report that CEO Jerry Yang was paid $1 for 2007. The company added the amendment since it won't be able to file its proxy statement 120 days after its fiscal year.
Yahoo said in an amendment to its annual report that CEO Jerry Yang was paid $1 for 2007. The company added the amendment since it won't be able to file its proxy statement 120 days after its fiscal year.
Yang's $1 salary is in keeping with other technology executives that own a big chunk of their companies. For instance, Apple CEO Steve Jobs also has a salary of $1.
Here's a look at the abbreviated executive compensation table:
And the expanded version (click to expand):
Among the key takeaways:
- Sue Decker, president of Yahoo was paid a $1.1 million bonus in 2007 and had a total compensation tally of $14.8 million.
- CFO Blake Jorgensen made $1.6 million in total compensation.
- Former CTO Farzad Nazem, who left the company June 8, 2007, raked in the most among Yahoo executives in 2007 with a total compensation of $22.3 million. In fact, it's nice to be a former Yahoo executive. Dan Rosensweig, former operating chief at Yahoo, made $12.2 million in 2007. Rosensweig's last day was March 31, 2007.