Financial

eBay CEO gets salary boost

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eBay CEO John Donahoe received a total payout of about $29.7 million in 2012, according to a filing, an increase of about 81% over the previous year.

Donahoe's base salary was $970 353, according to a proxy filed with the US Securities and Exchange Commission on Monday.

His stock awards accounted for about $23.7 million and options awards total were about $2 million.

eBay's online marketplace, one of the largest in the world, has lagged behind the growth of e-commerce and Amazon.com for several years. But under Donahoe, eBay has invested to improve the buying experience by upgrading search capabilities and prodding sellers to provide more services such as free shipping and easier returns.

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