EBay CEO's 2012 compensation nearly doubles

Mar 18, 2013

EBay Inc. CEO John Donahoe's compensation nearly doubled to $29.7 million in 2012, a year that saw the e-commerce company's stock gain 68 percent thanks to growth in its namesake marketplaces business and PayPal.

Donahoe's compensation was valued at $16.5 million in 2011, according to a filing with the on Monday.

His salary grew about 3 percent to $970,353. The bulk of the increase came from stock awards amounting to $23.7 million last year, up from $8.9 million in 2011.

He got an incentive payment of $2.8 million and options worth $2 million.

EBay has been trying to expand PayPal, still largely an online , into brick-and-mortar retailers. Stronger-than-expected results in the final quarter of the year topped the biggest year ever for the company.

Explore further: US market lifts global tablet sales: survey

not rated yet
add to favorites email to friend print save as pdf

Related Stories

EBay posts higher 1Q net income and revenue

Apr 18, 2012

(AP) -- EBay's first-quarter net income grew 20 percent thanks to higher revenue from its PayPal business and brisk sales at its e-commerce websites. The results beat Wall Street's expectations and investors sent the company's ...

EBay reports higher 4Q earnings, revenue (Update)

Jan 18, 2012

(AP) -- EBay reported on Wednesday that its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results beat Wall Street's expectations, ...

Recommended for you

Lenovo wraps up purchase of Motorola phone unit

6 hours ago

Lenovo Group announced the completion of its acquisition of Motorola Mobility from Google Inc. on Thursday in a move aimed at making the Chinese computer maker a global smartphone brand.

Baidu profit up 27 percent as mobile grows

9 hours ago

Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.

Samsung vows changes after mobile profit plunges

10 hours ago

Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.