Marissa Mayer to make $184m from Yahoo's sale to Verizon

Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show in Las Vegas Nevada in this

Yahoo CEO Marissa Mayer delivers her keynote address at the annual Consumer Electronics Show

Word that Yahoo CEO Marissa Mayer could pocket up to $186 million from the company's sale to Verizon Communications cements the charmed nature of her five-year tenure at the company's helm.

Just $25 million - if one can put "just" in front of a number of that size - is part of the "golden parachute" terms that would accelerate Mayer's restricted stock units in the event of a sale and her departure from the company. The company then confirmed that Mayer will receive the "golden parachute" payment for losing her job.

Yahoo CEO Marissa MayerJustin Sullivan/Getty ImagesWhen Verizon's $4.48 billion acquisition of Yahoo closes this June, Marissa Mayer will be stepping down as CEO.

Celtic tops Rangers 2-0, into Scottish Cup final vs Aberdeen
McGregor would not reveal the exact amount of times he had watched a re-run of the goal , but admitted it has been a "fair few". But the former Hearts skipper insists Rangers will be up for the fight when they host the Hoops in just five days' time.

Verizon agreed to pay Yahoo $4.8bn for the business, but the pair later revised down the price by $350m in the wake of revelations Yahoo had suffered two historic data breaches in 2013 and 2014. The breach also caused Verizon to shave $350 million off the previous sale price of $4.8 billion.

Marissa Mayer is projected to walk out the door with $186 million.

The documents further mention that her total compensation would surely come out to be around $200 million, which also includes her compensation, bonus and stock options over the past five years.

Paul George and Lakers are NBA's worst-kept secret
Down 11 points entering the final quarter, the Pacers once again fought back and made Cleveland work for the final victory. The Clippers appear to be the ideal landing spot for George: it's L.A. with an All Star point guard.

Microsoft offered $44.6 billion to Yahoo, which was ten times more than the offer of Verizon, but Yahoo declined. Mayer recently said she would turn down an equity bonus for 2017 and a cash bonus for 2016, citing the massive hacks.

Yahoo Chief Executive Marissa Mayer may not have been able to save the company she joined almost five years ago - but she certainly saved her bank account.

Criticism of Mayer - who had previously risen from software engineer to product manager to vice president at Google - has been at times more harsh than she deserves, said analyst Joel Espelien of The Diffusion Group. Although Yahoo's core businesses of email, news and search continued to tread water under Ms Mayer's leadership, long-held investments in Alibaba, China's leading e-commerce company, and Yahoo Japan, an affiliated company controlled by SoftBank, increased in value, driving up Yahoo's stock price. This venture will be spearheaded by Thomas McInerney, a Yahoo director who carried out the Verizon deal.

Wisconsin Dairy Farms Face Closure Due to Canadian Policies
Jennifer and Shane Sauer fear they'll be driven out of the dairy industry as Wisconsin processors will no longer buy their milk. Some of the Sauer family's milk had been used for that objective by the processor.

Latest News