Monday, June 5th, 2006 by Andy Beal

Yahoo’s Terry Semel Getting $1 Salary

CNET reports that Yahoo CEO, Terry Semel will follow the path of the Google-guys and reduce his salary to just $1.

I don’t understand why these people are making this move. On the surface, it looks all “warm and fuzzy” but they’re still getting millions in stock compensation, so why bother?

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1 comment on “Yahoo’s Terry Semel Getting $1 Salary”

  1. Anonymous Says:

    June 6th, 2006 at 9:53 am

    Because they only do well if the company does well.

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