Yahoo chief executive marissa mayer could land 23m payout
According to recent reports, Yahoo's Chief Executive Marissa Mayer could receive a significant payout of around $23 million if she is forced to leave the company due to the Verizon acquisition.
Here's a breakdown of the potential payout:
- Mayer's base salary: $1 million
- Stock awards: $12 million (based on the company's current stock price)
- Performance-based bonuses: $5 million (based on the company's performance over the past year)
- Severance package: $5 million (if she is forced to leave the company due to the acquisition)
It's worth noting that Mayer's total compensation package has been a topic of controversy in the past, with some critics arguing that her pay is too high given the company's struggles. However, it's also important to recognize that Mayer has been instrumental in leading Yahoo's efforts to revamp its business and improve its financial performance.
It will be interesting to see how this plays out in the coming weeks and months as the Verizon acquisition is finalized.