No, Yahoo CEO with a yearly income of 100 million dollars

Source: Internet
Author: User
Keywords Venture
Yahoo CEO Semel, the choice of Yahoo shareholders in the upcoming meeting, but not yet held the day-June 19 resignation, is understandable, because he will be for the past 18 months Yahoo's performance continued to decline, the share price has been a certain responsibility. Semel is a Native American who has a fairly broad social connection in the United States and was appointed Chairman and CEO of Yahoo in May 2001. He has worked for Warner Bros. for 24 years as Chairman and chief executive officer of the company. He also served as president of Walt Disney's Entertainment distribution department, and president of CBS Entertainment distribution. He is currently a member of the board of directors of the Slavic "Lawrence, Revlon and Guggenheim Museums."  In addition to Yahoo, he also served on the board of Directors of a number of technology companies, including Cisco, one of the most popular in the U.S. and even in the international technology industry. Responsibility is to be borne, not only in the United States, but also in other countries around the world. For example, China, the head of all walks of life, often the sound of the class, but, there are a few real class? America, too. Why does Mr Semel not live alone this time?  Yes, Yahoo's performance has continued to decline over the past 18 months, and its share price has been falling, but is this one of Mr Semel's mistakes? Not also (recently studied "Tianlong eight" too much, contracted Mr. Baosan's mantra)!  The sensitive problem is that performance continues to slide, while Mr Semel's income continues to rise. According to Semel's three-year employment agreement signed with Yahoo in May this year, he can get 6 million options.  Institutional Shareholder service companies believe the options are worth 92 million of dollars, plus bonuses, and his 2006-year total is expected to be as high as $107.5 million trillion. Whether the income is too high, or whether the height is outrageous, maybe we ordinary people do not have intuitive feeling, let us make a comparison. Yahoo shares have fallen more than 10% per cent over the past year, while Google and Microsoft have gained more than 30%.  In a report released in Wednesday, Proxy Governance said that Semel's salary over the past three years was 926% higher than the average of the salaries paid by rival CEOs. When the comparison is over, is it a little dissatisfied with Mr. Semel? Yes, that's what Yahoo's remuneration committee thinks. Members of the Yahoo compensation committee include Ron "Burkle, Roy" Bosituoke (Roy Bostock) and Arthur Cohen (Arthur Kern). "Yahoo's share price continued to fall and corporate performance slowed down throughout 2006, but Semel still got a lot of options during this period," said the agency's shareholder services company at the end of last month. "To counter Semel's exorbitant remuneration, Proxy governance and the agency's shareholder services have advised Yahoo shareholders to stop supporting Yahoo's remuneration committee members at their shareholders ' meetings to express their commitment to Yahoo's pay policyFull。 Helpless, Mr. Semel had to dismiss. Yahoo announced today that its board of Directors has appointed co-founder of the company, longtime board member Jerry Yang as CEO. Semel, the Chairman and CEO of Yahoo's current board of directors, will serve as the chairman of the company's non-executive board and consultant to senior management team, working closely with the board of Directors of Semel.  Yahoo also appointed executive vice president and Advertiser and issuer of the group director Susan "Decker (Susan Decker) for the company's president." Semel gone, Jerry Yang came, very good, very good. Both things are worth celebrating. (Author: Liu Xingliang)
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