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A $58,000,000 severance


               
2014 Apr 17, 3:16am   4,578 views  18 comments

by JH   follow (0)  

http://money.cnn.com/2014/04/17/technology/de-castro-yahoo-pay/index.html?hpt=hp_t2

Former chief operating officer Henrique de Castro left Yahoo with a severance package worth $58 million, according to a regulatory document filed Wednesday with the SEC.
The golden parachute is among the most generous in history, and especially notable given than de Castro worked at Yahoo for only 15 months.

I'm sure his brilliant intelligence, special ability to work with people, knack for advertising, and commitment to the company earned him every penny.

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1   turtledove   @   2014 Apr 17, 4:22am  

I'm only going to be impressed if he can manage to pay less than 10% taxes on that money.

2   JH   @   2014 Apr 17, 5:15am  

turtledove says

I'm only going to be impressed if he can manage to pay less than 10% taxes on that money.

hahhaa, well it certainly was not "earned wages", so that will help

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