5.02.2007




Ebay CEO's pay package worth $11.1 million in 2006

Associated Press

EBay President and Chief Executive Meg Whitman, one of Silicon Valley's most powerful women, received compensation in 2006 that the company valued at about $11.1 million, according to an analysis of a regulatory filing Monday.

The biggest piece of Whitman's 2006 package was stock option awards that had an estimated value of $7.95 million on the day they were granted. EBay also paid Whitman, 50, a $995,016 salary, a bonus of $221,008, and $911,684 in non-equity incentives.

Whitman received other compensation valued at just over $1 million, including $773,467 for personal use of the company jet.

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Perhaps a bit more information than Ebay sellers scrambling to make a living need to know.....