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Yahoo offered Marissa Mayer over $70 million

Posted on Friday, July 20 2012 @ 12:11:39 CEST by


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.




 



 

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