Around the Net
Yahoo Rewards Mayer For Turnaround
- Bloomberg, Thursday, March 7, 2013 11:34 AM
Yahoo paid CEO Marissa Mayer a bonus of $1.12 million in 2012, Bloomberg reports. More interesting is the reason for the extra cash, which is because Yahoo managed to meet its targets for revenue
and operating margins, last year. Better yet, “Yahoo shares have surged more than 40 percent since the hiring of Mayer,” Bloomberg notes. All told, Mayer is expected to rake in roughly $50
million in compensation over the coming years.
