Carol Bartz Can Buy 20,000 IPads With Her Yahoo Severance Package

Yahoo may have dealt roughly with CEO Carol Bartz when they fired her over the phone, but Bartz will have the last laugh when she walks away with a cool $US10 million in cash and stocks.

An SEC filing from Wednesday confirms Bartz will receive a standard severance package for “termination without cause”. According to CNN, this package could include $US3 million in cash, a pro-rated bonus of almost $US2 million and stock worth another $US5 million.

Bartz also has five million shares of stock that’ll vest if Yahoo’s stock climbs high enough by December 2012. If Yahoo can pull itself out of this slump, its ex-CEO could collect millions. [CNN via CNet]