Yahoo! CEO Made How Much for Her First Year?
May 1st 2013 7:05AM
The media has information about how much money Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer made last year, a sign of how difficult it is to report on compensation based on proxies.
CNN Money reports on Mayer's first-year pay:
Yahoo CEO Marissa Mayer took home a pay package of nearly $6 million for her first year on the job. In addition to a salary of close to half a million dollars, Mayer received a $1.1 million cash bonus and $4.3 million in stock, according to regulatory documents filed on Tuesday.
The Financial Times said on Mayer's first six months:
Marissa Mayer was awarded total pay of $36.6 million for her first six months as chief executive of Yahoo, even as the internet company's board made efforts to quell shareholder anger about excessive pay.
In a proxy filing before Yahoo's annual shareholder meeting in June, the California-based internet company said that it would tie remuneration more closely to executive and corporate performance.
Ms Mayer will be incentivized to prioritize revenue growth more than profits or cash flow, according to the filing.
Filed under: 24/7 Wall St. Wire, Compensation, Corporate Governance Tagged: YHOO