After the Verizon ( VZ 1.00% ) deal was announced on Monday, the Internet erupted in outrage that Yahoo CEO Marissa Mayer could collect as much as $55 million. That’s the figure Yahoo ( YHOO -0.86% ) stated in April that Mayer could collect if the company were sold and more-than enough to get observers who think Mayer has not done a great job to declare her pay unfair, and another sign that corporate compensation is corrupt.
But, here’s the thing, that widely reported $55 million figure grossly understates what Mayer is likely to pocket after the deal closes.
The real number: $122,578,795.
(...)
If Mayer’s incredibly golden parachute doesn’t convince you executive compensation is broken in America, I’m not sure what else will. Full story...
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But, here’s the thing, that widely reported $55 million figure grossly understates what Mayer is likely to pocket after the deal closes.
The real number: $122,578,795.
(...)
If Mayer’s incredibly golden parachute doesn’t convince you executive compensation is broken in America, I’m not sure what else will. Full story...
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