News: At Yahoo, CEO's pay is tied to another company's performance

Compensation & Benefits

At Yahoo, CEO's pay is tied to another company's performance

Marissa Mayer has hit it big in the executive compensation lottery. According to recent public filings and an analysis prepared by Equilar, an executive compensation data firm, by the end of last year, Mayer, the Yahoo chief executive, had received compensation worth potentially $214 million - most of which was for doing nothing. Her good fortune stems from Yahoo's stake in the Chinese Internet behemoth Alibaba, a deal that was arranged in 2005 by Yahoo's co-founder, Jerry Yang. The enthusiasm and hype over a likely initial public offering by Alibaba has driven Yahoo's stock to a sky-high valuation, a surge that has showered Mayer with vast riches.

Marissa Mayer has hit it big in the executive compensation lottery. According to recent public filings and an analysis prepared by Equilar, an executive compensation data firm, by the end of last year, Mayer, the Yahoo chief executive, had received compensation worth potentially $214 million - most of which was for doing nothing. Her good fortune stems from Yahoo's stake in the Chinese Internet behemoth Alibaba, a deal that was arranged in 2005 by Yahoo's co-founder, Jerry Yang. The enthusiasm and hype over a likely initial public offering by Alibaba has driven Yahoo's stock to a sky-high valuation, a surge that has showered Mayer with vast riches.

Read the Economic Times news report here.

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Topics: Compensation & Benefits, #BestPractices, #Corporate, #TotalRewards

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