Yahoo offered Marissa Mayer over $70 million

Posted on Friday, July 20 2012 @ 12:11 CEST by Thomas De Maesschalck
Reuters reports Yahoo's new CEO isn't coming in cheap. Snatching away Marissa Mayer from her position at Google could total over $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by Yahoo on Thursday.
Mayer's pay package is made up of $1 million in annual salary, as much as $2 million in an annual bonus, and $42 million in stock options and other awards, as well as $14 million in "make whole restricted options" for forfeiture of compensation from Google Inc (GOOG.O).

Also, by including some stock grants, Mayer could earn up to a total of $20 million a year, or up to $100 million over five years, a Yahoo spokeswoman told Reuters.

As the first female Google engineer and one of its earliest employees, Mayer's net worth is already estimated to be as much as $300 million.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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