Hot! Yahoo's Marissa Mayer To Earn $1m Salary

(CNET News) In the many speculation related to why Marissa Mayer kept Google for taking the position at Yahoo, no one offers proposed she's undergoing it for that money. After all, the first kind Googler who has been employee No. twenty may be valued at around $300 million.

Even so, Yahoo can be paying up, by using a new package deal that will could equal to tens regarding millions of pounds whenever your lady turns about the having difficulties Internet master and the particular investment heads north, as outlined by Yahoo's SEC filling up .

Yahoo pointed out that it'll pay Mayer an total salary associated with $1 million. She will also possibly be eligible intended for an annual advantage that has a "target level of 2 hundred percent associated with put faitth on salary" which is $2 million that should be stuck just using Mayer's effectiveness and also the financial effectiveness in the company.

She will certainly obtain an equity honor for 2012 regarding $12 million within stock in addition to selections that will vest above a few years. Her confined keep will be pleasant relief about July 26, therefore the girl ought to wish do you negative evening on the market and so her keep will be cost-effective low. Along together with some other older person execs, she'll be eligible for total investment grants ever before year year.

Mayer, 37, as well negotiated a deal breaker to generate upwards intended for what she's leaving within the stand during Google a "make-whole" stock options transaction respected at $14 million. That is additionally inside form of restrained keep that could vest with the subsequent 2 1/2 years.

Here's the really fairly sweet part: Mayer is getting a one-time maintenance award connected with $30 million in stock options plus alternatives that could vest more than five years.

Yahoo simply equiped Mayer on Monday , after passing over meantime CEO Ross Levinsohn. The firm had been trying to find an individual for you to enter into the very best job given that Scott Thompson appeared to be made out with Ma y pertaining to cushioning his resume.

It's recently been a large week for Mayer, who seem to additionally released of which she's pregnant . Mayer, exactly who stated your lover will work as a result of the girl matenity leave, will certainly often be entitled something like 20 days to weeks with trip per year, in line with the filing.

Here will be this details from today's SEC filing:

Base Salary plus Bonus. Ms. Mayer will receive a good twelve-monthly foundation earnings of $1,000,000, susceptible to annual review. She will be eligible to get a great annual bonus underneath this Company's Executive Incentive Plan that has a focus on volume of 200% connected with base salary. The actual degree of the particular annual bonus will probably be dependant on the particular Compensation along with Leadership Development Committee on the Board (the "Compensation Committee") based on a couple of criteria: (i) the Company's financial functionality and, (ii) if appropriate less than your Company's bonus approach for your year, Ms. Mayer's performance. The 2012 extra could well be prorated determined by her interval regarding employment around 2012. Add your Comment If your lover could publish Yahoo she is really worth every anything - nonetheless of your huge 'if'. byCaptainSmollettJuly 20, 2012 9:50 AM EDT Two viewpoints about this -

Conservative pro-capitalist: Congratulations against your success. You have accomplished this American Dream.

Liberal: This is your disgusting present with corporate excess, and also demonstrates the reason capitalism must be dismantled. Tax the heck away from her.

good luck, your planning to want it! Cancel