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The former head of Yahoo was "forced" to leave the board, but their earnings depend in part on the financial results of Yahoo improved

What difference does a weekend. The last we heard of Yahoo's new CEO Carol Bartz removed, was that the Yahoo board "took it further," but planned to stay in council of the society because they want the employees feel that she had abandoned. Then add a joke about having a lot of purple clothes.

Well, four days and a golden parachute of $ 14 million later, Carol Bartz resigned from the board of Yahoo. I think that 14 million more than offset any lingering sense of commitment which could have left the company.

The Wall Street Journal Amir Efrati said the estimated 14 million in a tweet that followed a detailed analysis "that side" story about the weekend.

Bartz is the severance

Salary

Bartz

base was $ 1 million, with stocks and bonds totaling $ 47.2m for 2009 - although much of it was based on stock prices up

. Package Bartz

pay, according to a regulatory filing from Yahoo, was based on his contract, "Ms. Bartz will receive severance pay, without cause as provided in their employment and equity agreements reward . 'Is "without cause" term for higher pay, according to CNN.

His contract entitles him to $ 3 million, plus $ 1 million, 2 million options in proportion to the year 2011, more shares than the cash value of $ 5 at the end , 2 million at the end of 2010. Yahoo deposits show his severance package for this year would have totaled $ 10.4 million, but did not detail the amount for 2011.

photo on Flickr. Some rights reserved

addition, Carol Bartz was the possibility of a maximum of five shares meters in January 2009 the price of $ 11.73 and may accumulate more if the price reaches $ 17.60 Yahoo percentage and from $ 35.19 in the destinations until December 2012 - the date of his contract had expired
may seem impressive, but in the world of top-flight management of this type of standard packages. After stock options, HP Mark Hurd left with a package of nearly $ 40 million in 2010 - and it was after allegations of sexual harassment. His predecessor, Carly Fiorina received $ 42 million in compensation, even if HP does not like. And far from massive layoffs and stock market crash in 2000, CEO Frank Dunn, Nortel earned $ 135 million in stock options.