#EpicFail: Mayer’s Golden Parachute From Yahoo Is $186 Million

So… Yahoo CEO Marissa Mayer has managed to ensure that when the Verizon buyout of Yahoo is finished in June, that’s she’s going to score a ton of cash before being shown the door. How much cash? Here’s what The New York Times has to say:

Her Yahoo stock, stock options and restricted stock units are worth a total of $186 million, based on Monday’s stock price of $48.15, according to data filed on Monday in the documents sent to shareholders about the Verizon deal.

Oh… But it gets better…. Depending on your point of view of course:

That compensation, which will be fully vested at the time of the shareholder vote, does not include her salary and bonuses over the past five years, or the value of other stock that Ms. Mayer has already sold. All told, her time at Yahoo will have netted her well over $200 million, according to calculations based on company filings.

All together now… Whiskey Tango Foxtrot? This is a woman who has presided over one of the biggest epic fails in American corporate history. And that was before Yahoo got hacked multiple times. How she manages to walk away with this much money is mind boggling. And it beats the millions that Mark Hurd was given to quit his job as CEO of HP after allegations of either sexual harassment or an “inappropriate relationship” with an HP employee that was tied to inaccurate expense reporting that likely covered up the former surfaced.

If I had Yahoo stock, I’d be royally pissed right about now.

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