Ex-Yahoo CEO Laughs All The Way To The Bank
![Ex-Yahoo CEO Laughs All The Way To The Bank [Carol Bartz Could Receive Up To $10 Million In Severance Package, Should Get Over Her Dismissal Soon]](http://tftscdn2.nexus404.com/Blog/thumbnailimages/alt/Yahoo-LogoTFTSThumb220153.jpg)
It’s no secret that Yahoo has not been doing well with search for quite some time now – there’s a reason why “google” is commonly-used as a verb now. Carol Bartz stepped in as CEO when Jerry Yang stepped down back in 2009. Yahoo’s Board of Directors wanted immediate results. Quick turnaround. Something to bring Yahoo back to a semblance of its former glory. Unfortunately, Bartz failed to deliver. So she was sacked a couple of days ago –sacked over the phone, that is.
But in spite of getting that terrible type of pink slip, Bartz might get over the dismissal soon enough. After all, she could be walking away with up to $10 million worth of severance package as she was “fired without a cause.”
According to CNN Money, Bartz might be getting $3 million in cash plus around a $1 to $2 million bonus and around $5.2 million in stocks. Of course, all of these numbers are not confirmed by Bartz herself. But they’re probably not far off the mark.
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