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Despite Breaches, Yahoo CEO Gets Golden Parachute

Yahoo CEO Marissa Mayer set to get $23 million in cash, stock and benefits if she’s terminated without cause or else for “good reason” Yahoo’s $4.48 billion acquisition of Yahoo is good news for struggling search giant. Mayer will receive a golden parachute, minus her title as head of Yahoo or CEO of the investment company Altaba being formed by what’s left. The deal is expected to be approved at a special meeting on March 13 for approval by Yahoo’s board of directors.”]

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

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