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The RFS Newsletter, Jun. 10, 2006. Page 3 In news on Tuesday, according to documents made public last week by the U.S. Securities and Exchange Commission, Terry Semel, Chief Executive at Yahoo will now get a symbolic annual salary of just $1 through to 2008. Additionally, for the next three years, Semel will also be eligible to receive an annual bonus of up to 1 million Yahoo shares and the option to purchase 6 million more at an exercise price of $31.59 each as a retention incentive. Semel's new compensation package was approved May 31 by Yahoo's Board of Directors compensation committee. The board said it doesn't anticipate making any further equity grants to Semel in the next three years. <<< Pr. page Next: Terry Semel was the highest-paid executive in SF >>> Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Subscribe to the free Rank for Sales Weekly Newsletter Bookmark the RFS Newsletter by simply clicking here. Legal Notice This newsletter is sponsored by
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