Disgraced, he made $34,000 an hour

Matt Vella has a Time article about the usual Silicon Valley excess:

Henrique de Castro (photo) was supposed to be part of Yahoo’s historic turnaround. When the struggling technology giant hired him away from Google in 2012, not long after Marissa Mayer took over as Yahoo CEO, it awarded him a whopping pay package— presumably one commensurate with its expectations for him.
Instead, he was ousted, as first reported by Re/code, potentially setting him up to take with him as much as a hundred million dollars for his trouble. He was paid more than even his star boss, according to analysis by The New York Times and compensation research firm Equilar. de Castro, who was dismissed a mere fifteen months after taking his post, will walk away with at least $88 million. (The precise amount depends on whether or not de Castro gets his full performance award for 2013, assuming he wasn’t fired for cause.)
What led to de Castro’s departure is a matter of white-hot speculation. More interesting is the huge payout, which not only raises questions about Yahoo’s board, but also about how compensation culture in Silicon Valley is changing. If de Castro earns the full payout, he will have been one of the most lavishly compensated tech executives ever. Consider this bar napkin calculation:

Fifteen months of service equals about 319 work days or 3,190 work hours, assuming a ten-hour work day. $109 million divided by 3,190 hours equals $34,169 an hour (rounded down).

Obviously this is a rough estimate. Many tech executives work seven days a week and far more than ten hours a day. And, yet, it is stratospheric by any standard.
According to Equilar, de Castro was the eighth-highest-paid executive in the region. His total base compensation of $39.2 million, according to Equilar, was higher than eBay chief John Donahoe ($29.7 million), Salesforce.com head Marc Benioff  ($22.1 million) and Meg Whitman of Hewlett-Packard ($15.4 million). Mayer, by contrast, earned $36.6 million.

Rico says that, as his old friend Tim from the Claris days in Ireland would say: "They're smokin' their own dope!"