Ina Steiner in eCommercebytes reported today that eBay has released the compensation and perks for their top executives
eBay CEO John Donahoe received $14 million in total compensation (including salary, bonus, stock, options) in 2014, up 1.6% from 2013, while CFO Bob Swan received compensation totaling $7.7 million in 2014, down 2.9% from the previous year. Among the perks received by the top two executives was personal use of the corporate jet, valued at $76,524 for Donahoe, and $64,263 for Swan. Read the rest of the story here…
I don’t know about you, but based on the abysmal performance of eBay over the past few years it looks like these guys are vastly overpaid. That level of salary and perks are not out of line with similar large corporations, but when the CEO and top execs turn in the kind of performance that eBay has – they are usually given their golden parachute and sacked. eBay has gone down and down ever since Donohoe took over – I am just amazed at why he is still there. The only thing that kept eBay afloat was PayPal –and now eBay is spinning PayPal off later this year. If anything its the leadership of PayPal that should get the big bucks. Just MHO.