DoubleClick Doubles CEO's Bonus

  • April 20, 2003
DoubleClick Inc. saw its revenues drop by 26% and laid off 24% of its staff in 2002, but the company nearly doubled its CEO's bonus in 2002 for his contribution in narrowing the firm's year-end loss. In a filing with the Securities and Exchange Commission on Friday, DoubleClick said its 39-year-old chief executive Kevin Ryan got a $300,000 cash bonus for 2002, in addition to a $300,000 salary and options for 800,000 shares. The year before Ryan got $168,000 bonus and 1.5 million stock options. His 2001 salary was $292,000.
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