Carol Bartz get $10 million in cash and stocks after being Fired from Yahoo.com

[froggyboy604]

Yahoo may have dealt roughly with CEO Carol Bartz when they fired her over the phone, but Bartz will have the last laugh when she walks away with a cool $10 million in cash and stocks.

An SEC filing from Wednesday confirms Bartz will receive a standard severance package for "termination without cause". According to CNN, this package could include $3 million in cash, a pro-rated bonus of almost $2 million and stock worth another $5 million.

Bartz also has 5 million shares of stock that'll vest if Yahoo's stock climbs high enough by December 2012. If Yahoo can pull itself out of this slump, its ex-CEO could collect millions. [CNN via CNet]

Gizmodo

Wow, it is almost like winning the Lottery for being fired from Yahoo because Carol failed at being a CEO.

 

[Demon_Skeith]

holy crap! make me CEO and fire me please!

 

[froggyboy604]

I read a blog post that she was "swearing a lot" after she was fired, and said Yahoo Screwed her over...I think she would not be missed much.

Yahoo’s CEO Is Cussing Her Way Out the Door

If there were any correlation whatsoever between cursing and profits, Carol Bartz would never have been fired from atop Yahoo. As things stand, she's swearing up a storm about how she was "fucked over."

"These people fucked me over," Bartz told Fortune, complaining about how Yahoo's board let her go with a cold legal script (i.e. in the same manner in which Yahoo itself has laid off countless employees who make far less than Bartz) "The board was so spooked by being cast as the worst board in the country. Now they're trying to show that they're not the doofuses that they are." Asked about her age, 63, Bartz told the magazine, "fuck you, yeah."

This potty mouthed interview followed earlier incidents in which Bartz told TechCrunch editor Michael Arrington to "fuck off," told All Things D editor Kara Swisher "fuck you," and complained to stock analysts about "nobody fucking doing anything." We are going to fucking miss Carol Bartz's fucking mouth. Tech needs more swearing!

http://gawker.com/5838444/yahoos-ceo-is-cussing-her-way-out-the-door

 

[Demon_Skeith]

seems like she earned the boot, I hope she actually got one to the rear.

 

[froggyboy604]

Indeed, I hope she got a boot to rear myself. I'm still kind of upset Yahoo killed Geocities, Delicous Social bookmarking, don't really moderate Yahoo Answers since it is full of spam and trolls, and when I used Yahoo Instant Messenger I always got spam for porn sites.