ADVFN - Advanced Financial Network.
HOME» NASDAQ » Y » YHOO Stock Price » YHOO Stock News

Yahoo! Inc. Share News

 Yahoo! Inc. (mm) Stock Price
YHOO Stock Price
 Yahoo! Inc. (mm) Stock Chart
YHOO Stock Chart
 Yahoo! Inc. (mm) Stock News
YHOO Stock News
 Yahoo! Inc. (mm) Company Information
YHOO Company Information
 Yahoo! Inc. (mm) Stock Trades
YHOO Stock Trades

Yahoo Bid Expensive Farewell To Former CEO Bartz

By John Letzing Of DOW JONES NEWSWIRES SAN FRANCISCO -(Dow Jones)- Yahoo Inc. (YHOO) bid an abrupt and awkward farewell to former Chief Executive Carol Bartz last year, and the parting didn't come cheap. Yahoo disclosed in a regulatory filing Friday that Bartz, who was removed in September, received $3 million in cash severance as a result of her firing as well as accelerated vesting of nearly 802,000 company shares in the form of restricted stock units and options. Yahoo shares closed Friday at $15.57, up 4 cents. In addition, Bartz received a cash incentive bonus that was guaranteed in her employment contract of nearly $478,000. Bartz also received a payment for unused vacation days, Yahoo said. Last year, Bartz's total compensation was nearly $16.4 million. A veteran technology executive who had spent more than a dozen years as CEO at design software maker Autodesk Inc. (ADSK), Bartz took the CEO role at Yahoo in January 2009. She was tasked with mounting a dramatic turnaround at the faded Internet giant, an effort that ultimately was seen to have fallen short in many ways. Bartz preemptively notified Yahoo employees of her firing in September before it was publicly announced in a blunt email to employees, and later complained publicly about the way her dismissal had been handled by Yahoo's board. Yahoo hired former eBay Inc. (EBAY) executive Scott Thompson in January to succeed Bartz. Thompson is paid a base salary of $1 million, and is eligible for a $2 million annual bonus. He received stock grants this year worth $16 million, in addition to "make whole" pay intended to compensate him for bonus and stock awards left behind at eBay. Bartz isn't the only high-ranking Yahoo executive to leave the company recently. Yahoo announced the departure of Blake Irving, its former chief product officer, earlier this month. Irving, who will officially leave Yahoo on April 30, was entitled to total severance of nearly $4.9 million in cash and stock as of the end of last year, Yahoo said in its regulatory filing. -By John Letzing, Dow Jones Newswires; 415-765-8230; [email protected]

Stock News for Yahoo! Inc. (YHOO)
DateTimeHeadline
01/18/201703:03:00More Women Are Winning CEO Job -- WSJ
01/17/201716:40:00Yahoo Announces Fourth Quarter and Full Year 2016 Earnings Release...
01/17/201710:29:00Women Make Gains Toward Winning CEO Job
01/17/201707:00:00Larry Fink CEO BlackRock, Jes Staley CEO Barclays, Tim Sloan...
01/12/201717:04:43Statement of Changes in Beneficial Ownership (4)
01/11/201717:15:00Correction to Globality Story
01/11/201712:47:00Tech Startup Globality Wants to Connect Marketers With Small...
01/10/201703:02:00Yahoo's Mayer to Exit Board After Sale Is Set -- WSJ
01/09/201720:10:00Marissa Mayer to Leave Yahoo Board; Yahoo to Change Name to Altaba...
01/09/201719:15:00Marissa Mayer to Leave Yahoo Board; Yahoo to Change Name to Altaba...
01/09/201718:29:00After Sale, Marissa Mayer to Leave Yahoo Board; Yahoo to Change...
01/09/201717:33:28Current Report Filing (8-k)
01/09/201717:31:55Additional Proxy Soliciting Materials (definitive) (defa14a)
01/06/201703:02:00Verizon Hangs Fire on Yahoo Deal -- WSJ
01/05/201717:37:00Telecoms Down as Verizon Skeptical on Yahoo Deal - Telecoms Roundup
01/05/201713:37:00Verizon Executive: Unsure About Yahoo Deal--2nd Update
01/05/201713:26:00Verizon Executive: Unsure About Yahoo Deal--Update
01/05/201712:45:00Verizon Executive Says Company Is Unsure About Yahoo Deal
01/04/201717:32:19Statement of Changes in Beneficial Ownership (4)
01/04/201717:15:49Statement of Changes in Beneficial Ownership (4)

Yahoo! Inc. and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US