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She is super rich already so I would guess money doesn't motivate this lady to work any more (I might be wrong)... I can't understand that kind of spending on a

She is super rich already so I would guess money doesn't motivate this lady to work any more (I might be wrong)... I can't understand that kind of spending on a CEO, especially if I was a stockholder... Anyway I'm not and I guess we live in totally different worlds...

mkramlich 14y ago
She is but my sense from various web articles is that she's acquired richer tastes as well. If you're income/wealth jumps by a factor of 100x you can be set for life. But if your spending/lifestyle costs jumps by a factor of 100x too, then your ramp shortens and you need to stay a working stiff (admittedly at the executive level) just to keep your lifestyle going. But agreed that even despite this effect, it's probably not the Yahoo pay (bump) that motives her, but the jump to CEO and losing the feeling of perhaps hitting a ceiling inside Google. The competition inside Yahoo is likely not as tough as inside Google too, and there's a great opportunity to move the needle. And even if she tanks as CEO or hates it, she still can't really "lose" because she should still have plenty of FU money. So, arguably a heads-I-win / tails-I-dont-lose opportunity.
Tobu 14y ago
I don't think money motivates her exactly, but being paid less than the next CEO guy would demotivate her (yes, it comes to the same thing and no, her needing less won't force her to pay more taxes). Pecking order in the peer group matters to most people. That said, I think as a group CEOs are overpaid wrt to the value they bring to shareholders, but boards are made of CEOs, which explains why the Gini keeps rising.
sp332 14y ago
I think she's only worth $33MM right now, so getting another $100,000,000 in the next five years could still be motivating :)
- jfno67 14y ago
  I saw her current net worth being evaluated at $300,000,000. I doubt this moves has anything to do with money, but she would not want to be seen as a cheap hire either.

mkramlich 14y ago

She is but my sense from various web articles is that she's acquired richer tastes as well. If you're income/wealth jumps by a factor of 100x you can be set for life. But if your spending/lifestyle costs jumps by a factor of 100x too, then your ramp shortens and you need to stay a working stiff (admittedly at the executive level) just to keep your lifestyle going. But agreed that even despite this effect, it's probably not the Yahoo pay (bump) that motives her, but the jump to CEO and losing the feeling of perhaps hitting a ceiling inside Google. The competition inside Yahoo is likely not as tough as inside Google too, and there's a great opportunity to move the needle. And even if she tanks as CEO or hates it, she still can't really "lose" because she should still have plenty of FU money. So, arguably a heads-I-win / tails-I-dont-lose opportunity.

Tobu 14y ago

I don't think money motivates her exactly, but being paid less than the next CEO guy would demotivate her (yes, it comes to the same thing and no, her needing less won't force her to pay more taxes). Pecking order in the peer group matters to most people. That said, I think as a group CEOs are overpaid wrt to the value they bring to shareholders, but boards are made of CEOs, which explains why the Gini keeps rising.

sp332 14y ago

I think she's only worth $33MM right now, so getting another $100,000,000 in the next five years could still be motivating :)

jfno67 14y ago
I saw her current net worth being evaluated at $300,000,000. I doubt this moves has anything to do with money, but she would not want to be seen as a cheap hire either.