“Yahoo revealed in a regulatory filing that it could be paying its new CEO Marissa Mayer a total of close to $60 million to turn the company around,” Kara Swisher reports for AllThingsD.
“It includes salary, equity grants, stock options, a make-whole payment for her Google stock she left behind and, perhaps most remarkably, a $30 million one-time retention award,” Swisher reports. “The amount, which is a whole lot more than what the last two Yahoo CEOs — Carol Bartz and Scott Thompson were paid — is, um, rather large… (Side note: Mayer is already extraordinarily wealthy from her stint at Google, where she was its 20th employee.)”
Swisher reports, “The big number is a huge up-front, one-time retention award, vesting over five years, of $15 million in stock and $15 million in options… [plus] there is a make-whole payment of $14 million for the stock she left behind at Google.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]
MacDailyNews Take: Good for Marissa. Just having her as the face of Yahoo is worth double that, at least.
As long as she doesn’t screw up Yahoo Finance, whatever. Give her $600 million for all we care.
Listen, we deal in Tim Cooks, Phil Schillers, Walt Mossbergs, and Steve Wozniaks all damn day. Just about any excuse we have to use Marissa’s photo that comes along, we’re taking it.
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I like the bouncy look.
She is so damn hot!
So, if Microsoft buys Yahoo, would Marissa work under Steve Bomber?
Sweaty. Jumping. Monkey Boy. Bomber.
Love the take!
MDN – “Marissa Mayer to hold staff meeting” (with photo)
Me – Hmmm. Sound like an interesting article. No, I only visit MDN for the articles…
Already switched my default browser. And, truth be told, if I was being paid $60M+, I’d have a weird giggle too.
I she going to auction that ball off any time soon?
Yes, the left nut bought it as a companion.
Lucky bastard!
Yahoo has definitely acquired quite an Ass-et.
She’s already perked up the company. 🙂
You go, 1%er girrrrl…….!!!
Hmmm. Articles about Marissa, Steve Ballmer, Phil Schiller, Woz, and Zuckerberg. Which one do I pick…which one…which one…which one????? 😉
Number one, says everyone except twisted, neutered, biased, emotionless, insensitive, or dead members of a different species altogether.
That’s what I would call “high maintenance”. Good for her. Wish her well and the best of luck.
With that salary I think she can maintain herself.
And what was Steve’s salary at Apple?
Jobs made a company, Mayer made a deal.
Steve had already made billions from Pixar, so he didn’t need the salary from Apple. He did receive a private jet and stock from Apple, though. $1 was not his total compensation.
If this lady ends up turning Yahoo around, that $60 million will be nothing in comparison to their profits. It will be money well spent.
So I’m gonna tear up this 5 page draft argument I had against radical feminism or maybe just tuck it in another folder for a better day.
lol
Good luck to Yahoo’s new Mayer
If Marissa pulls this off, she’s going to be hailed as the next Houdini.
Say what you will…
Nevertheless, the Gal’s got gams!
I’d do the job for only $6 million.
She’s got my vote. Worth changing my default Google search box just to keep seeing that photo.
If she has any more photos I may just change my home page. 😉
She’s a home page wrecker!
Lol! Good one!
Go Apple!
If it works out, the media will make us believe that Steve Jobs’ spirit has transferred over to her!
That said, Yahoo has been a long-time supporter of FreeBSD, which Apple uses for the Unix user-land of OS X. So, For FreeBSD users, Yahoo always was a bit like “family” – even though I personally haven’t used it for anything more then converting currencies in the last decade…
And nowadays, a lot of FreeBSD developers actually do work at Google.
That’s gonna keep her in a pair of nice heels for a while 🙂
Quote from Mayer’s job interview: “Youtube myspace, and I’ll google your yahoo!”
And that’s how she got the job.
Ridiculous, obscene stipend! She’s not worth it! Yahoo will fail! Always hated the name and the brand! Google is a close second! Prodigy and Excite remain the two best brand company names, after Apple, of all time! Too bad they both have failed. Yahoo? Seriously?
Jobs was the spirit of Apple. She’s the Mayer of Yahoo.
what ever happened to the concept of earning your compensation BEFORE lining your pockets? corporate executive pay is truly shameless.