As reported earlier today, Yahoo revealed in a regulatory filing that it was paying its new CEO Marissa Mayer a total of $40 million to turn the company around. Here’s the breakdown: The salary amount is typical at $1 million in salary and an annual bonus of up to 200 percent, which is $2 million. Mayer gets an equity award for 2012 of $12 million in stock and options that vests over three years. The big number is an huge one-time retention award, vesting over five years, of $15 million in stock and $15 million in options. Finally, a make-whole payment of $14 million for her stock she left behind at Google. Read the full story at All Things D.
Mayer to Get $40 Million in Overall Compensation for Yahoo’s Top Job
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).