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.

Advertisement

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

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. Dell 15 Refreshed With Up to Intel Core Ultra 7, 15.6-Inch Display
  2. Huawei Watch Fit 5 Series Debuts With AMOLED Displays, HarmonyOS: See Price
  3. Toshiba Z670SP MiniLED TV Series Launched in India: See Pricing, Features
  4. AI-Driven Global Memory Shortage Might Not End Until 2030
  5. Nukkad Naatak OTT Release Date: When and Where to Watch This Social Drama Online?
  6. Oppo Find X9s Spotted on Geekbench With This MediaTek Dimensity SoC
  7. Apple Withholds Data in India Antitrust Case, CCI Sets Final Hearing
  8. Huawei Pura 90 Series Launches in China With These Specifications
  1. Adobe Introduces CX Enterprise, an Agentic AI Platform to Automate Customer Experience for Businesses
  2. Infinix GT 50 Pro Global Launch Date Announced; Will Debut With Liquid Cooling, Pressure-Sensitive Triggers
  3. Huawei Watch Fit 5, Watch Fit 5 Pro Launched With AMOLED Screens, HarmonyOS and Up to 10 Days Battery Life
  4. Apple Withholds Data in India Antitrust Case, CCI Sets Final Hearing
  5. Anthropic Introduces Claude Design, an AI Tool to Generate Visual Prototypes and Pitch Decks
  6. Nee Forever OTT Release Date: When and Where to Watch This Tamil Romantic Drama Online?
  7. Huawei Pura 90 Pro Max Launched With 200-Megapixel Telephoto Camera Alongside Huawei Pura 90, Pura 90 Pro
  8. Nukkad Naatak OTT Release Date: When and Where to Watch This Social Drama Online?
  9. Huawei Pura X Max Launched as Company’s First Wide Foldable With 5,300mAh Battery: Price, Features
  10. Poco C81, Poco C81x India Launch Date Revealed Along With Design and Key Specifications
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.