AOL paid CTO Ted Cahall a second retention bonus of $354,000 on January 15, according to an SEC filing.
The bonus, equal to 60% of his salary, didn’t seem to work because just 10 days later Ted left the company.
Our eagle eyed friend Rafat Ali at paidContent picked this out of an AOL SEC filing. Another factoid about AOL, via Rafat, Tim Armstrong owns 1% of AOL’s stock.
Tim’s total compensation is $25 million, but the overwhelming majority of it is in stock.