Yahoo's Bartz Paid $47.2 Mln, Including $29 Mln Options

Yahoo Inc., owner of the second most popular U.S. search engine, said Chief Executive Officer Carol Bartz received compensation valued at $47.2 million last year as she began efforts to turn around the company.

Bartz, who started in January 2009, received a salary of $969,872, along with stock awards of $13 million and stock- options worth $29.2 million, according to a regulatory filing. She got a $1.5 million bonus as part of the executive incentive plan. Bartz, 61, also received $2.62 million in other compensation, mostly tied to a “make whole” agreement for compensation lost at her former employer, Autodesk Inc.

Co-founder Jerry Yang, who was CEO before Bartz, received his typical $1 salary. Chief Financial Officer Tim Morse, who joined last year, received a compensation package of $6.17 million.

Yahoo, based in Sunnyvale, California, rose 22 cents to $16.97 at 4 p.m. New York time on the Nasdaq Stock Market. The shares have climbed 1.1 percent this year.

To contact the reporter on this story: Brian Womack in San Francisco at;

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.