Tuesday, December 4, 2007

Yahoo’s Decker Gets Hefty Raise

With her promotion from chief financial officer at Yahoo to president, Susan Decker’s salary grew 63 percent from $500,000 to $815,000. She also was offered a bonus of as much as 150 percent that amount, though her actual bonus each year will depend on job performance, reports News.com.

A regulatory filing submitted Friday shows Decker, 45, also was granted a stock option to buy 300,000 shares at $26.20 each and 200,000 shares of restricted stock units.

Decker was promoted as co-founder Jerry Yang was named CEO in June. The company has reported seven consecutive quarters of declining profit, notes a Bloomberg story on SiliconValley.com.

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