SiliconBeat

Putting a cherry on top of the 62 percent raise they gave Chief Executive Jeffrey Housenbold this year, Shutterfly’s board approved paying him a discretionary bonus (meaning they didn’t have to pay it and it wasn’t owed him by way of meeting pre-arranged performance goals) of $283,600 for his work last year. Three other top executives “still with the company” also got bonuses, ranging from $46,000 to $57,000.

The last time we posted about compensation for Housenbold, we received more than a dozen comments, many of them from ex-SFLYers who were, shall we say, a bit Read the rest of this entry »