Bloomberg reports that Yahoo CEO Terry Semel will soon be earning a base salary of $1 per year. The rest of his income will come from a bonus and retention plan with options for nine million shares. Last year, Semel earned $600,000 as a base salary. The change to taking only $1 has him joining the "low" base salary ranks of Google's two cofounder Larry Page and Sergey Brin and CEO Eric Schmidt.
The Original Search Marketing Event is Back!
SES Denver (Oct 16) offers an intense day of learning all the critical aspects of search engine optimization (SEO) and paid search advertising (PPC). The mission of SES remains the same as it did from the start - to help you master being found on search engines. Register today!