Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.Henrique de Casto apparently ruffled the feathers of ad execs from the start and despite Yahoo's growth over the same period, ad revenue continued to drop:
The disclosure in a regulatory filing may lead to more second-guessing of Yahoo CEO Marissa Mayer's decision to hire de Castro as her second-in-command in October 2012.
But he had an icy relationship with ad execs who found him aloof when they were accustomed to being catered-to by Yahoo brass.For what it's worth, according to simplyhired.com, the average Yahoo salary is $61,000.
His approach wasn't exactly working: ad revenue at the portal declined over the past year, even as Ms. Mayer touted splashy relaunches of email, the homepage, Flickr and a $1.1 billion acquisition of Tumblr and Summly.
In recent months Mr. de Castro had stopped speaking for the company. De Castro was conspicuously absent at the Consumer Electronics Show in Las Vegas, where Yahoo generally starts talks with big advertisers. Ms. Mayer gave a keynote and head deal maker Jacqueline Reses gave presentations to WPP and IPG agencies.
The average salary for yahoo jobs is $61,000. Average yahoo salaries can vary greatly due to company, location, industry, experience and benefits.Don't you wish you could be so successful at failure?