NEW YORK (AP) — 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 Securities and Exchange Commission on Monday.
His salary grew about 3 percent to $970,353.
The bulk of the pay increase came from stock awards amounting to $23.7
million last year, up from $8.9 million in 2011.
Those awards included a one-time $14.9 million grant as part of the
company's performance-based incentive plan. It is structured "so Mr. Donahoe
is
incentivized to maintain strong performance through the vesting date of the
grant in 2017," eBay spokesman John Pluhowski said.
He also got an incentive payment of $2.8 million and options worth $2
million.
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