Yahoo! Inc., the largest U.S. Web
portal, paid Chief Executive Officer Marissa Mayer a total of
$36.6 million in 2012 as she works to turn around the company.
Mayer received $454,862 in salary, $35 million in stock
awards and a bonus of $1.12 million, according to a filing with
the U.S. Securities and Exchange Commission yesterday. She also
got $40,540 in other compensation, which includes personal
security services, charitable matching contributions and life-
insurance premiums, Sunnyvale, California-based Yahoo said.
Yahoo hired Mayer in July 2012 after a series of board and
management changes. She has focused on recruiting and keeping
talented employees, and using deals and new products to
transform the company into a more robust competitor to Google
Inc. and Facebook Inc. (FB)
The company’s shares rose 1.2 percent to $24.73 at
yesterday’s close in New York. The stock has gained 59 percent
since Mayer took over as CEO on July 17.
To contact the reporter on this story:
Jillian Ward in San Francisco at
jward56@bloomberg.net
To contact the editor responsible for this story:
Tom Giles at
tgiles5@bloomberg.net
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Yahoo Paid CEO Marissa Mayer $36.6 Million in 2012 – Bloomberg
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Yahoo Paid CEO Marissa Mayer $36.6 Million in 2012 - Bloomberg
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