p2pnet - rss feed: Huge bonuses for Yahoo execs
p2pnet news | Off Topic:- Yahoo is a great place to work —- if your names are Susan Decker and Michael Callahan.
Decker’s name might slide past you, but you should recognize Michael Callahan’s.
“The truthfulness of Yahoo CEO Jerry Yang and general counsel Michael Callahan has already been seriously questioned by US House Foreign Affairs Committee chairman Tom Lantos,” posted p2pnet in November, 2007.
“The two executives are central in the ongoing scandals in which Yahoo is accused of supplying information to Chinese police which resulted in the arrest and jailing of Chinese cyber dissidents.”
However, this time, Callahan and Decker are headlined because they both received huge bonuses last year, “amid a deepening slump that set the stage for Microsoft Corp.’s unsolicited bid for the struggling Internet pioneer,” says Associated Press.
Decker received a $1.1 million bonus in 2007, say documents filed Friday with the Securities and Exchange Commission, according to the story, which adds:
“That represented a 29 percent increase from the $850,000 bonus she received in 2006, when she [Decker] was still Yahoo’s chief financial officer. Yahoo promoted Decker in June last year when co-founder Jerry Yang replaced Terry Semel as chief executive officer.
“The company awarded its general counsel, Michael Callahan, with a $225,000 bonus for 2007. He received a $200,000 bonus in 2006.
Yahoo didn’t explain what Decker and Callahan did to merit the $$$, says AP.
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Also See:
p2pnet - Yahoo shamed in Chinese jail scandals, November 9, 2007
Associated Press - Raid nets thousands of pirated CDs, March 8, 2008
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