The vacant position of the Yahoo CEO has been filled. Yahoo co-founder Jerry Yang has been replaced by Carol Bartz. But the most startling fact is that her salary package would be approximately totaling $19 million in cash and stocks. Apparently even her incentive package comes with many zeros.
Bartz joins Yahoo after her successful stint as a chairman at software makers Autodesk. Here is a list of her salary and perks:
- A salary of $1 million
- Guaranteed payment of $2.5 million in cash and $7.5 million in Yahoo stocks in the year 2009
- Stock grant of $8 million as an annual incentive
- $5 million stock options at the end of the month
But to avail all these astounding Bartz would have to boost Yahoo’s stock price. Actually this is the prime reason Yahoo has hired her.





