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Post Info TOPIC: EBay CEO total compensation down nearly 58 percent

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EBay CEO total compensation down nearly 58 percent

Oh heavens to Mergatroid!
If this keeps up someone may have to move out of their mansions and into their Mercedes or Rolls.
Even worse, maybe have to sell personal items on some fraud-filled auction website where they will  get scammed, pimped out and finally  "turned out".

EBay CEO total compensation down nearly 58 percent

* CEO Donahoe's compensation down nearly 58 pct

* CEO salary higher, stock and option awards decreased

CHICAGO, March 19 (Reuters) - eBay Inc (EBAY.O) Chief Executive Officer John Donahoe and other top executives saw their compensation fall sharply in 2009 as the e-commerce company issued smaller stock and option awards.

Donahoe's total compensation, which includes salary, bonus, stock and option awards and other items, fell to $10.13 million in 2009 from just over $24 million the prior year, according to the company's proxy filed with the U.S. Securities and Exchange Commission on Friday.

His salary rose more than 6 percent to $934,615, due in part to an extra pay period included in 2009 and to an increase received when he became CEO on March 31, 2008.

EBay said it would hold its annual shareholders meeting in San Jose, California, on April 29.

The company's shares soared nearly 69 percent during 2009 and have climbed another 16.7 percent since the beginning of 2010.

(Reporting by Jessica Wohl; Editing by Lisa Von Ahn)

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Exposing the sleazery of ebaY and PayPal


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