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Terry Semel made nearly $300,000 a day

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Mark Levison

Posts: 877
Nickname: mlevison
Registered: Jan, 2003

Mark Levison an agile software developer who writes Notes from a tool user.
Terry Semel made nearly $300,000 a day Posted: Jun 20, 2007 11:53 AM
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I was trying to muster some sympathy for poor old Terry Semel, then I realized that an annual compensation package of $71 millon meant that he made nearly $300,000 a day. In the week between the shareholder's meeting where his compensation was approved and his exit he made $1.3 million dollars. I don't make $300,000 in an entire year let alone. Sorry Terry I can't muster any sympathy.

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