Yahoo Share Holders Asks To Vote Against CEO’s Salary
Yahoo holders urged to use votes to protest Semel’s pay from the Mercury News reports that two independent proxy advisory firms are asking to shareholders to vote against the reelection of three of the board members who are responsible for approving Yahoo’s CEO, Terry Semel, $71 million compensation package. “Mr. Semel’s stock options grant is […]
Barry Schwartz on June 7, 2007 at 10:08 am | Reading time: 1 minute
Yahoo holders urged to use votes to protest Semel’s pay from the Mercury News reports that two independent proxy advisory firms are asking to shareholders to vote against the reelection of three of the board members who are responsible for approving Yahoo’s CEO, Terry Semel, $71 million compensation package.
“Mr. Semel’s stock options grant is particularly troubling in light of the company’s recent poor stock performance and corporate performance,” ISS stated.
Yahoo realized a 60 percent decrease in net income; with a slow in revenue growth and 35 percent drop in the stock price in 2006.
Yahoo’s annual share meeting is this Tuesday, more about the meeting over here.
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Barry Schwartz is a technologist and a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics.
In 2019, Barry was awarded the Outstanding Community Services Award from Search Engine Land, in 2018 he was awarded the US Search Awards the "US Search Personality Of The Year," you can learn more over here and in 2023 he was listed as a top 50 most influential PPCer by Marketing O'Clock.
Barry can be followed on X here and you can learn more about Barry Schwartz over here or on his personal site.
In 2019, Barry was awarded the Outstanding Community Services Award from Search Engine Land, in 2018 he was awarded the US Search Awards the "US Search Personality Of The Year," you can learn more over here and in 2023 he was listed as a top 50 most influential PPCer by Marketing O'Clock.
Barry can be followed on X here and you can learn more about Barry Schwartz over here or on his personal site.