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Wrong Moves of Yahoo's Ex - CEO
By siliconindia
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Thursday, 15 September 2011, 23:27 IST |
2 Comments
4. Prematurely Cashed in on Stock Options
Carol took the liberty to cash in on $2 million worth of stock options that made her look short sighted in the eyes of board, including the employees and public. This failed her in reaching long term goals that was needed.
It is way too early for Carol to start cashing in on compensation that was supposed to align her long-term interests with those of shareholders. Aside from firing a bunch of people and entering into a widely panned search deal with Microsoft, she has barely done anything yet.
