Bartz's pay package at Yahoo! about $19M, per SEC filing

01/15/2009 | Reuters

Carol Bartz, the new chief executive of Yahoo!, will receive an annual base salary of $1 million, a $10 million equity-and-cash payment, and a yearly equity grant, which in 2009 will be roughly $8 million, as well as an option for 5 million shares of company stock. Bartz takes over Yahoo! at a pivotal time, as it mulls the future of its service and whether to collaborate with rival Microsoft in the search advertising space.

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