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After just six months with Yahoo, CEO Marissa Mayer receives $1.12 million bonus

Yahoo CEO receives $1.12 million bonus after just six months with the company

| Business, Financial & Legal News | Posted: Mar 7, 2013 10:34 am

After just six months on the job as CEO of Yahoo, Marissa Mayer has received a tidy $1.12 million bonus as part of a compensation package she received when she took the job. Mayer's annual salary is $1 million, and she's also eligible for a $2 million bonus annually, based on meeting certain performance goals set by the Yahoo board.

 

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Mayer has also received numerous stock and options compensation, which are worth a mammoth $56 million, including $14 million to make up for the fact she left Google and lost wages in the process. Other bonuses are possible, and it all comes down to the results she can provide. Considering Yahoo shares have increased by around 50% since she took control of the company, investors wouldn't be complaining about her bonuses at all.

NEWS SOURCE
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