As the Chief Operating Officer at Yahoo, Henrique de Castro earned a total compensation of $39,184,112 in 2012.

Of this total, $84,092 was earned as salary, $1,100,000 was received as a bonus, $37,999,991 was awarded as stock, and $29 came from all other compensation.

Mr. de Castro was appointed as our Chief Operating Officer effective November 12, 2012. Mr. de Castro received a "make-whole" bonus of $1 million in 2012 under his employment agreement to compensate him for the forfeiture of certain benefits from his previous employer. He was not eligible for a 2012 bonus under the Executive Incentive Plan (because his employment began after October 1 of that year) but he received a special bonus of $100,000 (which was paid in 2013) in recognition of his performance in 2012.

The Stock Awards amount includes stock awards granted in 2012 even if they have not yet vested. Mr. de Castro actually realized $430,560 in vested stock awards during 2012. Mr. de Castro's stock awards consist of an initial RSU award and a "make-whole" RSU award. All of Mr. de Castro's 2012 stock awards have four-year vesting schedules. Commencing in 2013, Mr. de Castro is eligible to be granted additional equity awards in the Compensation Committee's discretion, but the initial RSU and performance option amounts negotiated with Mr. de Castro in his offer letter were intended to represent four years' worth of annual grants. Mr. de Castro's performance option awards do not appear in this table because their initial performance goals were established in 2013

Henrique de Castro worked with Blake Irving, Michael Barrett, Timothy Morse, Scott Thompson, Ross Levinsohn, Miyuki Rosen, David Dibble, Kenneth Goldman, and Marissa Mayer at Yahoo in 2012.


Distribution
History
Compensation Data Fiscal 2012 Ends: Dec 31
  • Salary$84,092
  • Bonus$1,100,000
  • Stock Awards$37,999,991
  • Other$29
  • Total$39,184,112
Company
Yahoo
Industry
Search Engines
Sector
Technology