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Despite Breaches, Yahoo CEO Gets Golden Parachute

Yahoo CEO Marissa Mayer stands to get $23 million once Yahoo’s sale of its primary businesses to Verizon is completed. Mayer will receive a golden parachute of cash, stock and benefits worth $23M if she’s terminated without cause or else for “good reason” within one year of the deal closing, Yahoo’s proxy filing says. Yahoo’s chief revenue officer stands to receive a $16.5M severance package, and chief financial officer, a $9.5 million severance, once the deal closes.”]

Source: https://www.databreachtoday.com/despite-breaches-yahoo-ceo-gets-golden-parachute-a-9769

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