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YHOO 43.50+2.1%Oct 24 8:10 PM EDTNews

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From: Sr K9/7/2011 11:43:50 PM
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Bartz May Get $10 Million Payout After Being Fired by Phone as Yahoo CEO

By Brian Womack - Sep 7, 2011 11:03 PM ET

Carol Bartz, who was fired Sept. 6 as Yahoo! Inc.’s chief executive officer, stands to receive a payout in the range of $10 million after less than three years on the job.

Bartz, 63, would have received $10.4 million, including cash and equity, had she been fired at the end of last year, according to a April 29 filing by the company that estimated the payout. In addition, Bartz is still eligible for vesting stock options based on the shares reaching certain milestones in the future.


bloomberg.com
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