New Yahoo CEO gets 1.1 million bonus
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New York (CNN/Money) – Yahoo CEO Marissa Mayer received a $1.12 million cash bonus for her half-year on the job in 2012 and restricted stock worth another $13.3 million, according to company filings.
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Filings late Wednesday also disclosed that Mayer, who joined the Web portal company in July, will get a $1 million base salary this year, unchanged from her 2012 salary level, and a cash bonus of up to $2 million this year.
The 585,000 shares of stock Mayer received in grants was on top of 2.1 million shares and options, worth $47.2 million at Wednesday’s closing price, that she already held.
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After her big “no longer” telecommuting rule, it will be interesting to see how that all ends up
Yes, it looks like she started a trend, as some of the other Silicon Valley companies are starting to do the same thing.