Today's Hard|Forum Post
Today's Hard|Forum Post

Monday January 09, 2012

Yahoo Dangled $27M Pay Package To Get New CEO

Last week I made fun of Scott Thompson for taking the job of CEO at Yahoo...only to find out this week how much money they gave him. I can't imagine too many people would be able to say "no" to that kind of cash.

Yahoo dangled a $27 million pay package to lure its newly hired CEO Scott Thompson away from PayPal. The struggling Internet company disclosed the details of Thompson's compensation in a regulatory filing late Friday. Thompson starts his new job Monday after spending the past four years running eBay Inc.'s PayPal service, where revenue more than doubled during his tenure.