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Yahoo Pays $544,061 To Protect Marissa Mayer

Yahoo spent $544,061 on security costs to protect Marissa Mayer, up from just $26,891 in 2014. The SEC filing notes that the CEO "faced specific security threats that the company believed were credible." SEC rules require companies to report as compensation to the CEO in the Summary Compensation Table, per the filing. Yahoo added in the filing that the Compensation Committee does not consider this item to be a compensatory perk and authorized these arrangements for business purposes regardless of any value they may have to Mayer personally.

Read the whole story at Securities And Exchange Commission »

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