Yahoo! Inc. (NASDAQ:YHOO) CEO Carol Bartz has been placed in a top 25 list and it is not a good one. Bartz was listed in the top 25 list of overpaid CEOs as conducted by Glass, Lewis & Co. Yahoo! appears to lack a vision and revenues are flat.
Bartz made $39 million from Yahoo! last year, which includes salary and stock options not sold yet. ?Bartz represents a problem we find at many other firms with poor pay-for-performance grades: excessive compensation awarded to executives to encourage them to join or remain with a company.?
Other overpaid CEOs on the Glass, Lewis list include Sanjay Jha (Motorola), Ahmad Chatila (MEMC), Ronald Hovsepian (Novell), Dan Hesse (Sprint), and Steven Appleton (Micron).