Wednesday, August 17, 2016 3:58:31 PM
I kills me that the Dinky CEO was hired at all. Her only claim to fame was managing the front page of GOOGLE which is pretty much "the daily doodle' as GOOGLE keeps a clean front page.
To be fair She helped with GOOGLE maps too, to some degree. BUT does this qualify her for CEO of YAHOO and the business aspects of buying other assets and running a Company as valuable as YAHOO?
IF she leaves on a sale she gets $200,000,000.00 on top of the $34M yr salary we are paying her now.. What a deal! GAG!!
--culled---
Mayer's total compensation, if she stays for a full five years at Yahoo, will be $365 million, Jackson says in his presentation, citing SEC filings.
That's assuming that the company's stock at the end of those five years is at $40.34. The $365 million figure includes the one-time $14 million "make whole" award payment she will receive to compensate her for the stock she walked away from when she left Google.
The vast majority of her pay isn't tied to Yahoo's performance as a company — it's tied to Yahoo's stock price. Only about 3.3% of her projected $365 million compensation package is tied to Yahoo performance, and that's the company's annual target bonus of $2 million.
Mayer's total compensation, including cash and stock, increased 69% to $42 million in 2014, according to Yahoo's proxy statement filed on Wednesday. Mayer total compensation in 2013 was $24.9 million.
Mayer's base salary was the same in 2014 as the year before: $1 million. The increase in her total compensation was due to Yahoo's stock price, which has more than doubled since Mayer took the reins in the summer of 2012.
Mayer received stock awards in 2014 valued at roughly $11.8 million and option awards valued at $28.2 million.
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