How much could a person usually haul in after a mere four months on the job followed by resignation in disgrace? How about … $56,000 a day, every day, including weekends and vacation days:
(CNN) — It’s official: Scott Thompson “resigned” from his post as Yahoo CEO’s in the wake of his resume-embellishing scandal, and he’ll receive no severance.
But Thompson scored a nice chunk of change as a parting gift. Under the terms of his contract, Yahoo could have required him to give back $7 million of the cash and stock he received after taking the helm in January.
That’s the harsh reality of life for the zero-point zero zero one percent. And no severance! The horror, oh sweet Jesus, the horror. Scott Thompson must be crying like a baby all the way to the offshore bank …