Yahoo's former CEO revenue revealed: an average of 282,000 dollars a day

Sina Science and technology news Beijing time June 21, according to foreign media reports, although the CEO's position was replaced by Jerry Yang, but Semel (Terry Semel) in the past six years from Yahoo has received more than 500 million U.S. dollars in revenue. For the past six years, most of Semel's income has come from selling stocks and options. On average, he earns a staggering 282,000 dollars a day, including Sunday.　　That's not to think of an interesting question: if Yahoo is still paying Semel for such a high salary in the face of poor operating conditions, what kind of income will semel get if the operation is in good condition? Yahoo announced in Tuesday, co-founder Jerry Yang will be a new mountain, replacing Semel as CEO of the company, and the latter will assume the chairmanship of the Non-executive board. At a shareholder meeting last week, some shareholders pointed the finger at Semel, questioning his strategy, leadership, and huge pay. It can be seen that shareholders of the 64-year-old Semel has lost confidence.　　It was under his leadership that Yahoo was overtaken by an up-and-comer Google and faced strong challenges from emerging social networking sites such as MySpace and Facebook. Although Yahoo is operating poorly, it does not affect Semel's huge revenue. In his six years in charge of Yahoo, he gained 448 million dollars in revenue by selling shares and options. Yahoo has confirmed the figure, which it said in Tuesday that by selling shares and options, Semel gained $25.4 million in 2003, gained $230 million in 2004, and received $173.6 million in 2005, with a 19 million dollar income in 2006. In addition, Semel currently holds some Yahoo shares and options. According to the latest stock price, this part of Yahoo shares and options worth 80 million of dollars. In other words, he has received 528 million dollars in revenue from Yahoo in the past six years.