anti-jackpot

Terry Semel lost $6.2 million working for Yahoo in 2007, but Sue Decker made almost $15 million

Owen Thomas · 04/30/08 04:40PM

Any Yahoo can tell you that working at the troubled Web giant doesn't pay. But for former CEO Terry Semel, it really didn't. Last year, he made negative $6.2 million, Docu-Drama notes. The accounting oddity, uncovered in an SEC filing, has to do with stock awards he forfeited when he left the company last year. Don't weep for Semel: He still owns half a billion dollars in Yahoo stock, and has sold plenty, too. What shareholders may find more upsetting are the left-and-right raises Yahoo's board handed out to top Yahoo execs in 2007, a year whose horrible performance set up Yahoo for Microsoft's hostile bid. Here are the lowlights: