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Marissa Mayer Could Get $23M Severance Package

  • Variety, Monday, March 13, 2017 2:11 PM
While she is losing her title as Yahoo CEO, Marissa Mayer could make millions in the process. “Following the closing of the Verizon acquisition of the internet company’s operating businesses, [Mayer] will get a golden parachute package worth around $23 million if she’s fired or leaves for good cause within a year,” Variety reports. “Yahoo said Thomas McInerney, formerly CFO of Barry Diller’s IAC, will take over as CEO of the company following the Verizon deal closing.”

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