Comments on: Yahoo CEO to be paid $1 salary

San Francisco Bay Area's highest-paid executive follows example of Steve Jobs and the Google boys.

[rtwaters]

The art of crafting news headlines

Excessive executive salaries are a pet peeve of mine. Based on the info in the article, I would have written this headline as:

YAHOO CEO TO TAKE PAY CUT, FROM $56.8M to $56.2M

[phrogdriver71]

not quite but still a huge chunk

Actually at today's stock price it is more like $36.9 million. Still
that is way more than a dollar. Of course, if his stock price
jumps above the minimum price set for the extra 6 million
shares he can buy, then of course he is gonna buy the extra 6
and exponentially increase his "salary" even further.

Just a bunch of "chump" change for an over inflated capitalistic
system with the market indirectly figuring out how much we are
gonna pay this schmuck for busting freedom of speech around
the world. Maybe he and the guys over at Google are taking this
deal in an effort to make the average stock purchaser think that
they are being a good citizen....NOT!

[rtwaters]

The art of crafting news headlines

Excessive executive salaries are a pet peeve of mine. Based on the info in the article, I would have written this headline as:

YAHOO CEO TO TAKE PAY CUT, FROM $56.8M to $56.2M

[phrogdriver71]

not quite but still a huge chunk

Actually at today's stock price it is more like $36.9 million. Still
that is way more than a dollar. Of course, if his stock price
jumps above the minimum price set for the extra 6 million
shares he can buy, then of course he is gonna buy the extra 6
and exponentially increase his "salary" even further.

Just a bunch of "chump" change for an over inflated capitalistic
system with the market indirectly figuring out how much we are
gonna pay this schmuck for busting freedom of speech around
the world. Maybe he and the guys over at Google are taking this
deal in an effort to make the average stock purchaser think that
they are being a good citizen....NOT!

[The Harper]

Give me a break

99% of his compensation ($56.8m last year) is/was based upon options, preferred stock grants, "percs", and bonuses. Dropping the salary components down to $1 is a trivial change. So based upon last year's stock prices, if he would have made this "token gesture" last year, his salary would have gone from $56,800,000 to $56,200,000. Give me a break, it's a PR move that doesn't even have a TRIVIAL impact upon his bottom line.

[The Harper]

Give me a break

99% of his compensation ($56.8m last year) is/was based upon options, preferred stock grants, "percs", and bonuses. Dropping the salary components down to $1 is a trivial change. So based upon last year's stock prices, if he would have made this "token gesture" last year, his salary would have gone from $56,800,000 to $56,200,000. Give me a break, it's a PR move that doesn't even have a TRIVIAL impact upon his bottom line.

[Sea of Cortez]

What an utter lie, propaganda & nonsense :(

The lies and propaganda that comes out of Big corporations, Big media, in US seems to have no end or limit.
Perhaps this story of Yahoo CEO getting paid $1 in salaries, and same for the "Google Boys" is the ultimate insult to our intelligence.
These guys each have made couple of $100s of Millions of dollars over the last few years from dumping their stocks, and are going to do the same over the coming years since unlike the "schmuck" public they get to receive their stock options at pennies or few dollars, so even if Google stock collapses to $5 per share, "Google Boys" can still make $100s of Millions of dollars since they got their share along with the rest of the silicon valley insiders at pennies per share.
Also they have $10's of Millions of dollars in non cash type compensation, from paid company care, to paid company private jets, to multi Million dollars loans that are interest free and secured by their stocks, etc. etc.

I mean which one of the Billions of people
worldwide which work for a salary would not LOVE to get $1 in salary for next year IF they too could sell couple of $100s of Millions of dollars in stocks, have paid private jets, etc.!!!

Yahoo & Google please give us a break with your propaganda & lies :(

[just_some_guy]

You forgot Apple

"Yahoo & Google please give us a break with your propaganda & lies"


It is amazing how Apple is automatically exempt from all criticism! Not that your oversight was intentional, but Steve Jobs was one of the early adopters of the $1 pay strategy (as mentioned by the article).

Personally, I have no problem with it. You and I have the same right as Jobs, Semel, Schidt, etc., to start a company and get paid billions. Capitalism at its finest.

[Sea of Cortez]

What an utter lie, propaganda & nonsense :(

The lies and propaganda that comes out of Big corporations, Big media, in US seems to have no end or limit.
Perhaps this story of Yahoo CEO getting paid $1 in salaries, and same for the "Google Boys" is the ultimate insult to our intelligence.
These guys each have made couple of $100s of Millions of dollars over the last few years from dumping their stocks, and are going to do the same over the coming years since unlike the "schmuck" public they get to receive their stock options at pennies or few dollars, so even if Google stock collapses to $5 per share, "Google Boys" can still make $100s of Millions of dollars since they got their share along with the rest of the silicon valley insiders at pennies per share.
Also they have $10's of Millions of dollars in non cash type compensation, from paid company care, to paid company private jets, to multi Million dollars loans that are interest free and secured by their stocks, etc. etc.

I mean which one of the Billions of people
worldwide which work for a salary would not LOVE to get $1 in salary for next year IF they too could sell couple of $100s of Millions of dollars in stocks, have paid private jets, etc.!!!

Yahoo & Google please give us a break with your propaganda & lies :(

[just_some_guy]

You forgot Apple

"Yahoo & Google please give us a break with your propaganda & lies"


It is amazing how Apple is automatically exempt from all criticism! Not that your oversight was intentional, but Steve Jobs was one of the early adopters of the $1 pay strategy (as mentioned by the article).

Personally, I have no problem with it. You and I have the same right as Jobs, Semel, Schidt, etc., to start a company and get paid billions. Capitalism at its finest.

[geo11101]

Eric Schmidt is the biggest Mafia puppet in the US. He is bad news for apple users. http://endmafia.com