Yahoo! chief Mayer paid $36.6 mn for six months' work

May 1, 2013

Yahoo! chief Marissa Mayer hauled in $36.6 million in pay, bonuses and stock last year after just six months at the helm of the Internet firm, with some of that time spent on maternity leave.

Mayer's base pay of $454,862 was fattened with a $1.12 million performance bonus and about $35 million in stock, according to a filing Tuesday with the US .

Mayer's annual base pay this year will be one million dollars and she is eligible for many times that amount in stock and bonuses if she hangs on to the post.

Beginning this year, Mayer will also be eligible to enjoy benefits generally available to other top Yahoo! executives, such as 20 days of vacation annually.

In addition to a $1 million , Mayer will get $2 million yearly in if Yahoo! hits financial performance marks, according to paperwork filed with the SEC.

Mayer—one of Google's first employees—became one of the most prominent women in Silicon Valley when she was appointed Yahoo! chief executive in July.

She was the first female engineer at Google and among its high-ranking executives when she left for the Yahoo! post.

Mayer, who will turn 38 in May, gave birth to her first child in October.

Yahoo! has been re-inventing itself as a premier online content venue since the pioneering Internet search firm found itself withering in Google's shadow.

Explore further: Yahoo pays CEO $1.1M bonus for five months of work

Related Stories

New Yahoo! chief gets plump pay package

July 20, 2012

Yahoo! chief Marissa Mayer will be paid one million dollars a year and be eligible for many times that amount in stock and bonuses if she hangs on to the post, the company revealed on Thursday.

New Yahoo! CEO Mayer pregnant

July 17, 2012

Marissa Mayer, the former senior Google executive who on Tuesday will take over the reins of Internet pioneer Yahoo!, is pregnant and expecting the baby in October.

Recommended for you

Forget oil, Russia goes crazy for cryptocurrency

August 16, 2017

Standing in a warehouse in a Moscow suburb, Dmitry Marinichev tries to speak over the deafening hum of hundreds of computers stacked on shelves hard at work mining for crypto money.

Researchers clarify mystery about proposed battery material

August 15, 2017

Battery researchers agree that one of the most promising possibilities for future battery technology is the lithium-air (or lithium-oxygen) battery, which could provide three times as much power for a given weight as today's ...

Signs of distracted driving—pounding heart, sweaty nose

August 15, 2017

Distracted driving—texting or absent-mindedness—claims thousands of lives a year. Researchers from the University of Houston and the Texas A&M Transportation Institute have produced an extensive dataset examining how ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.