Pity Party: Nasdaq CEO, EVP To Receive Lower Bonus Payments Due To Facebook IPO Foul-Up

Nasdaq CEO Robert Greifeld and Executive Vice President of Global Technology Solutions Anna Ewing saw their 2012 annual bonus payments slashed due to the stock exchange’s mishandling of Facebook’s initial public offering last May 18.

Don’t weep for Greifeld, though: According to Reuters, although his bonus was reduced by $542,100, he will still receive a $1.35 million bonus. Reuters added that Ewing’s total was lowered by $263,625.

Parent company Nasdaq OMX Group said in a filing, as reported by Reuters:

The committee and board explicitly considered the Facebook IPO in connection with their review and determination of these reduced payouts.

Readers: Are you currently questioning your career choices after reading this?

Related Stories
Mediabistro Course

Marketing with Facebook Insights

Marketing with Facebook InsightsStarting October 2, learn how to use Facebook's analytics tool to track and optimize your marketing efforts! Taught by the group marketing manager of social media at Microsoft/BingAds, Geoffrey Colon will show you how insights works, how to measure key performance indicators, and make your data actionable. Register now!