EMC CEO gets $9M pay package in 2009, down 23 pct
(AP) -- The pay package last year for EMC Corp. CEO Joe Tucci was 23 percent lower than in 2008, a reflection of lower equity awards and cuts to the data-storage company's executive salaries.
View ArticleBrocade's ex-CEO convicted in stock options case
(AP) -- The former chief executive of networking gear maker Brocade Communications Inc. was convicted Friday of felony charges connected to backdating stock options.
View ArticleGoogle CEO's compensation for 2009 falls 52 pct
(AP) -- The total compensation of Google Inc. CEO Eric Schmidt fell 52 percent last year as the Internet search leader cut back on its employee perquisites to help lift its profits during the recession.
View ArticleYahoo! CEO pay package worth over 47 million dollars
Yahoo! chief executive Carol Bartz, who took the reins of the Internet firm last year, received compensation worth more than 47 million dollars in 2009, the company reported.
View ArticleDo stock options improve employee performance?
It has become an article of faith in Silicon Valley that stock options create incentives for employees to work harder and smarter. But does that assumption stand up? It depends on who is receiving the...
View ArticleOracle plans to give Hurd $950,000 annual salary
(AP) -- Oracle Corp. plans to pay newly appointed co-President Mark Hurd a base salary of $950,000 annually and said the ousted Hewlett-Packard Co. CEO is eligible for a target bonus of $5 million in...
View ArticleGoogle awards $100 million to Eric Schmidt
(AP) -- Google Inc. says it has awarded $100 million worth of equity to Eric Schmidt, who is stepping aside as CEO but will stay with the company as executive chairman.
View ArticleAOL CEO Armstrong snaps up $10M worth of AOL stock
(AP) -- AOL CEO Tim Armstrong is making a $10 million bet that his turnaround strategy will pay off. He just invested that amount of money in 477,000 shares of the company's stock.
View ArticleGoogle rewards top executives
Google has awarded nearly $9 million in bonuses and another $50 million in equity to four top executives of the Internet giant, according to a filing with the US Securities and Exchange Commission.
View ArticleComcast CEO's 2010 pay package valued at $31.1M
(AP) -- Brian Roberts, the CEO of cable company Comcast Corp., received a compensation package valued at $31.1 million in 2010, up 14 percent from a year earlier as the company worked to complete a...
View ArticleIntel CEO 2010 pay package valued at $15.5M
(AP) -- Intel Corp. CEO Paul Otellini received a 2010 pay package worth $15.5 million, up 8 percent from 2009 as the chipmaker grew its profit and revenue thanks largely to a rebound in corporate demand.
View ArticleSan Francisco vote set for Twitter tax break
(AP) -- City lawmakers are scheduled to vote Tuesday on a tax break to keep Twitter from fleeing San Francisco as part of an incentive package to revive a blighted neighborhood.
View ArticleSan Francisco lawmakers approve Twitter tax break
City lawmakers approved a tax break Tuesday to keep Twitter Inc. from fleeing San Francisco.
View ArticleFewer stock awards reduces Yahoo CEO's pay 75 pct.
(AP) -- Yahoo Inc. cut CEO Carol Bartz's compensation by 75 percent to $11.9 million last year as the Internet company struggled to revive its revenue growth, regulatory documents filed Friday show.
View ArticleWinklevosses taking Facebook case to top US court
Tyler and Cameron Winklevoss are taking their beef against Facebook co-founder Mark Zuckerberg to the US Supreme Court.
View ArticleHurd, Ellison pay valued at more than $77M each
(AP) -- Mark Hurd may get his $100 million payday after all.
View ArticleCEO stock options can lead to increased risk taking, finds new study
(PhysOrg.com) -- A new study by a finance professor at Washington University in St. Louis finds that the amount of stock options in a CEOs compensation package can result in an increase in risk-taking...
View ArticleCisco CEO's pay fell by third, same as share slump
(AP) -- Cisco Systems Inc. CEO John Chambers saw his pay package fall by nearly a third in the company's fiscal year that ended in July, a period when the company's shares dropped by about the same...
View ArticleNetflix CEO's stock options slashed after bad year
Netflix CEO Reed Hastings will pay a $1.5 million penalty for blunders that alienated the video subscription service's customers and pulverized its stock.
View ArticleApple CEO Tim Cook could top pay list in 2011
(AP) -- Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before...
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