Yahoo's shareholders have been asked by two independent proxy advisory firms to not vote for three board members that were responsible for the $71 Million compensation package to CEO Terry Semel after the company had a 60 percent decrease in net income, slow revenue growth and a 35% drop in stock price for 2006.
Doesn't this go with all CEOs and their lucrative packages despite performance? Just typical...can he alone really be responsible for his companies poor performance? It's just the economy...right?
Pitiful, be the shareholders may say something different. 35% stock price decline....?!?!
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