Yahoo CFO to make up to $18 million over four years

Advertisement
By Reuters | Updated: 26 September 2012 17:58 IST
Yahoo Inc Chief Financial Officer Ken Goldman will receive up to $18 million in salary, bonuses, restricted stock and stock options over the next four years, according to a regulatory filing.

Goldman will get $1.1 million in salary and bonus, and receive restricted stock units and performance based stock options worth as much as $12 million that will vest over four years.

Yahoo, which named Goldman its CFO on Tuesday, said he will also get 76,000 restricted stock units to make up for compensation lost when he left his previous job at cyber security software firm Fortinet Inc.

Those units, worth about $1.2 million at Tuesday's closing share price of $15.68, will vest over 12 months.

Advertisement

Goldman replaced Tim Morse, who served last year as interim CEO while Yahoo underwent another period of leadership turmoil that ended when former Google Inc executive Marissa Mayer took over as CEO.

Advertisement

Mayer received a compensation package that could total more than $70 million in salary, bonuses, restricted stock and stock options over five years.

Copyright Thomson Reuters 2012

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Ken Goldman, Marissa Mayer, Yahoo
Advertisement
Popular Mobile Brands
  1. OTT Releases This Week: Thamma, Mrs Deshpande, Raat Akeli Hai The Bansal Murders, and More
  2. Sony's Year-End Holiday Sale on PS5 Accessories, Games Kicks Off Next Week
  3. Oppo Reno 15 Pro, Reno 15 Pro Max Global Variants Surface on Geekbench
  4. Oppo Pad Air 5 Launch Date Announced: See Expected Features
  5. Dominic and The Ladies' Purse Streaming Now: Know Where to Watch It Online
  6. Google's Pixel Upgrade Program Lets You Get the Latest Model Every Year
  1. Astronomers Observe Black Hole Twisting Spacetime for the First Time, Confirming Einstein’s Theory
  2. Hubble Captures Rare Collision in Nearby Planetary System, Revealing Violent Planet Formation
  3. Scientists Rule Out Elusive Sterile Neutrino After 10-Year Hunt, Shaking Particle Physics
  4. NASA’s PUNCH Mission Provides First Continuous Views of Solar Eruptions Across Space
  5. Starlink Satellite Breaks Apart in Orbit, Begins Uncontrolled Fall Toward Earth After SpaceX Anomaly
  6. Four More Shots Please Final Season Out on Prime Video: Know Everything About This Show For One Last Time
  7. Godday Godday Chaa 2 Now Streaming Online: A Powerful Punjabi Comedy with Social Satire
  8. Pharma Streaming Now on JioHotstar: Everything You Need to Know About This Thought-Provoking Drama Online
  9. Mrs. Deshpande Now Streaming Online: A Powerful Drama Exploring Identity, Marriage and Strength
  10. Adobe Partners With Runway to Offer Firefly Users Early Access to Video Generation Models
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.