Yahoo’s Marissa Mayer Just Got a $1M Bonus

by Nate Wooley | March 7, 2013 9:26 am

marissa mayer  2007 Yahoo's Marissa Mayer Just Got a $1M Bonus[1]Closely watched Yahoo! (NASDAQ:YHOO[2]) CEO Marissa Mayer recently got a million-dollar bonus.

Mayer — who has been in the news lately for canceling Yahoo’s telecommuting policy — received a bonus of $1.12 million for her first six months on the job, reports CNN[3].

That bonus was supplemented by restricted stock worth more than $13 million. The stock is above the earlier 2.1 million shares she received when she came on board with the online portal. That initial stock award is valued at about $47 million now.

When she signed on with Yahoo, after working at Google (NASDAQ:GOOG[4]), Mayer received $15 million in Yahoo stock, $15 million worth of performance-based stock options and another $14 million in stock to compensate her for losses incurred as she left her Google incentive package.

Still, she may be worth it. In the two quarters that Mayer has been in charge of the flagging search engine, the company has beaten earnings estimates and the share price has grown 46%.

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Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2012/07/marissa_mayer__2007.jpg
  2. YHOO: http://studio-5.financialcontent.com/investplace/quote?Symbol=YHOO
  3. reports CNN: http://money.cnn.com/2013/03/07/technology/yahoo-mayer-bonus/
  4. GOOG: http://studio-5.financialcontent.com/investplace/quote?Symbol=GOOG
  5. Google Moves Forward With Same-Day Delivery Push: http://investorplace.com/2013/03/google-moves-forward-with-same-day-delivery-push/
  6. More Than Two Sides to the Telecommuting ‘Debate’: http://investorplace.com/2013/02/more-than-two-sides-to-the-telecommuting-debate/
  7. Not Again! Facebook to Reveal New Look March 7: http://investorplace.com/2013/03/not-again-facebook-to-reveal-new-look-on-march-7/

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