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July 20, 2012 01:48 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/0vYlO4qruBk/
Mayers Compensation at Yahoo Could Top $50 Million
Yahoo's new CEO Marissa Mayer will take home a base salary of $1 million.
Yahoo filed its employment offer for the its new CEO -- and expectant mother -- with the SEC on Thursday.
While Mayer's base salary will start at $1 million a year in 2012, the former Googler can earn a maximum of 400% of that salary in bonuses in 2012, assuming she exceeds targeted milestones.
In addition to her base pay, Mayer is also walking away with $12 million in Yahoo stock and an additional $14 million for the stock she was unable to vest at Google.
Moreover, the letter states that Yahoo will offer Mayer a big incentive for staying on for five years: $30 million in stock, $15 million of which will b…
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More About: Yahoo, marissa mayer, pay
Original Link: http://feeds.mashable.com/~r/Mashable/~3/0vYlO4qruBk/
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