As reported earlier today, Yahoo revealed in a regulatory filing that it was paying its new CEO Marissa Mayer a total of $40 million to turn the company around. Here’s the breakdown: The salary amount is typical at $1 million in salary and an annual bonus of up to 200 percent, which is $2 million. Mayer gets an equity award for 2012 of $12 million in stock and options that vests over three years. The big number is an huge one-time retention award, vesting over five years, of $15 million in stock and $15 million in options. Finally, a make-whole payment of $14 million for her stock she left behind at Google. Read the full story at All Things D.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.