> It makes me angry and sad to see all the sniping about her $200M (or thereabouts) earnings over 4 years
Why? That is $50mil/year which is an insane amount of money for any one person to receive. Yes you can point to tons of examples of people earning even more, but that's still way more money than most people will ever see in their lifetimes per year to fail.
It's a total cop-out to say that "Well Yahoo was already failing when she came in and nobody could turn it around!" She was hired to turn it around. She did fail at the job she was hired to do. It doesn't matter if it was impossible, she took it on and she's getting tons of money despite failing. For me her compensation is one thing but the truly objectionable part is the $50mil golden parachute. And it's not just her, tons of execs that fail at their jobs get these golden parachutes and it's awful. She's just the latest high profile example.
If I take a developer position at a company with terrible project/team management, terrible culture, nasty legacy codebase, etc. and I do a bad job I'm still going to get fired. I'm not going to get a massive golden parachute. I might get two weeks severance. I'm not going to get a full year's severance.
Combine that cushy parachute with salary that is so out of sync with what the average person makes and yeah, people are going to go "What the fuck?" It shouldn't surprise you.