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Wednesday, August 13, 2003

"C'mon, Ted, it'll be fun. We're young, profitable, and best of all, you're allowed to run around the halls screaming 'Yahoo!'"

Michael Liedtke of the Associated Press duly notes (Yahoo! stalked Overture for over a year) that Overture CEO Ted Meisel will get a "raise" on his $290,000 Overture salary - to about $375,000 - when he becomes a VP at Yahoo.

The same public filings that Liedtke used to garner this info show that Meisel was compensated a bit better than that: he cashed in close to $10 million worth of Overture stock in 2002. Six figure salary? Ho hum.

Posted by Andrew Goodman
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