Questions? (877) 643-7244
FutureNow Post
Monday, Jun. 18, 2007 at 4:44 pm

Terry Semel Gets Yang’d As CEO – Yahoo!!!

By Bryan Eisenberg
June 18th, 2007

Mr. Semel in better days...Looks like someone was paying attention to the fact that Terry Semel was getting paid to let Yahoo! fall asleep at the wheel, let Google gain massive market share, and erase Yahoo! shareholder value:

Last year, $107.5 million in stock grants was given to Semel in lieu of a $1 salary, a year in which Yahoo stock dropped about 35%. That means he was paid $107.5 million for erasing over $15 billion in shareholder value!

Terry Semel, Yahoo’s CEO, is being replaced by Yahoo co-founder Jerry Yang. Shares should rise an immediate $5. Yahoo!!!

Remember the days when Semel had a chance to buy Google?

Add Your Comments

Comments (1)

  1. [...] Source:Conversion Rate Marketing Blog – GrokDotCom by Future Now, Inc Looks like someone was paying attention to the fact that Terry Semel was getting paid to let Yahoo! fall asleep at the wheel, let Google gain massive market share, and erase Yahoo! shareholder value: Last year, $107.5 million in stock grants was given to Semel in lieu of a $1 salary, a year in which […] Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

Add Your Comments

 

Print this Article
Share

Bryan Eisenberg, founder of FutureNow, is a professional marketing speaker and the co-author of New York Times and Wall Street Journal bestselling books Call to Action and Waiting For Your Cat to Bark and Always Be Testing. You can friend him on Facebook or Twitter.

More articles from Bryan Eisenberg

Marketing Optimization Blog
FREE Newsletter Sign-Up
send it once every: