If you are looking at Yahoo's compensation summary, that is misleading. Most of that compensation is cashing in old options. They are not receiving options at anywhere near those volumes any more. For instance, last year the two majority owners each received only 50,000 shares of options. Something like this will be typical going forward, because part of the agreement for LVMH to buy 20% of the company was stringent limitations on options grants. (Right before the LVMH deal signed, the options they granted themselves would make a pig blush, but that will not be repeated.)
This is only one of the many reasons the LVMH stake is very good for the company and its small shareholders.
The executives seem to know what they are doing and that doesn't come cheap. I was able to see a few of them in action at the annual meeting last year and they seemed very knowledgable and on top of things. Of course, because the 2 founders have so much stock, their interest seems to be to get the stock price up as much as possible. Any takeover, perhaps by LVMH, would be a huge payday for them.