Technology
E-commerce giant eBay has cut the total compensation of its chief executive, John Donahoe, by more than half. Mr Donahoe was paid $13.8m (£8.3m), including salary and bonus, in 2013, down from $29.7m a year ago. While his basic salary rose by 2%, Mr Donahoe's annual cash incentive fell by 43% from a year earlier. The company said that while their chief executive had performed well, the firm's financial performance "did not fully meet expectations".
Background:
eBay cuts chief executive John Donahoe's pay by 53% [BBC]
EBay CEO John Donahoe's pay plunges [SFGate]
