Marissa Mayer is the former executive at Google who is now serving as the CEO of Yahoo! Yahoo! has just released a statement revealing what her total compensation package will be. Her base salary will be $1 million and that can be tripled with a $2 million bonus based on stretch targets.
If Mayer stays on-board for 5 years, she could make around $25 million in base salary and bonus. This November, she will be given about $12 million worth of stock in grants and options, which will be vested over 3 years. The board expects to award her with at least $12 million in stock grants per year based on the company’s performance, which could be $60 million or more.
Yahoo! will be giving Mayer $14 million worth of stock to “partially compensate” her salary and bonuses from the previous employer. Mayer will also be given a one-time $30 million stock grant, which will vest over 3 years. In total, this adds up to about $141 million. Her net worth is already $300 million.