Ex-Yahoo CEO leaves without severance

According to the Wall Street Journal, former Yahoo CEO Scott Thompson “is leaving without receiving severance pay, though he will keep the make-whole cash and stock the company had given him to make up for compensation left behind at his former employer, eBay Inc.” In a regulatory filing Monday, Yahoo disclosed that Thompson is leaving behind all outstanding but not-fully-vested stock awards, “with no severance compensation.” However, he retains the right to a make-whole grant of restricted shares that carry a value of $6.5 million.

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