It’s only natural that a pay bump would accompany a promotion. The bump looks more like a boulder in the case of Sue Decker, however, who will get paid $815,000 instead of her previous $500,000.
So the difference between Yahoo’s chief financial officer and its president is $315,000, apparently, or 63 percent of that CFO’s salary. What’s more, Elinor Mills reports that “Decker has been granted a stock option to purchase 300,000 shares at an exercise price of $26.20 each and 200,000 shares of restricted stock units.”
Finally, “Her annual target cash bonus will be 150 percent of her base salary, or $1.2 million, but her actual bonus for any year will be determined based on her job performance.”
Of course, considering how Yahoo’s done lately, that bonus is hardly a sure thing. And there are bound to be examples of execs at other companies making far more money. Still, the story is turning heads, and is at least interesting as a straightforward bit of news.
Meanwhile, Yahoo’s stock is down $.19 (or just .71 percent) for the day.
