Yahoo paid CEO $40 million in ’06
From Bloomberg News
Yahoo Inc. said it paid Chief Executive Terry Semel $39.8 million in compensation last year, mostly in stock options.
Semel’s salary was $250,001, down from $600,000 in 2005, Sunnyvale, Calif.-based Yahoo said in a statement filed with the Securities and Exchange Commission.
The drop resulted from Semel switching to a $1 salary from $600,000 in May 2006.
