Marissa Mayer to make $186 million

Marissa Mayer

Now, it's unclear whether Mayer plans to share any of the much-bigger golden parachute it turns out she's getting, details of which were included in a regulatory filing Monday.

Along with the $186 million from stock, Mayer will get a $3 million cash severance golden parachute.

For Ms. Mayer, that includes stock options valued at more than $85 million and Yahoo shares valued at almost $77 million at Tuesday's closing share price of $48.40, according to the information in the filing.

Plus, there were security breaches where hackers compromised 1 billion user accounts, which left Yahoo in a worse state than when she joined. Verizon and Yahoo had to agree to reduce the value of their deal by $350 million after Yahoo disclosed data breaches affecting its customers a year ago.

The $186m comes on top of an estimated $200 million she has already received in salary and bonuses during her five year reign as the head of the struggling web... Yahoo said last week it expected the deal to close in June.

Still, by the New York Times' arithmetic, she'll have been compensated more than $200 million total for her nearly five years at the company, including her salary, performance bonuses, and other payouts.




During her time at Yahoo!

With that having been said the CEO's payout consists of Yahoo stock, stock options and restricted stock units. Mayer admitted that year the company had only started investing in mobile in 2013 and was "late" and "behind".

However Mayer would be well compensated for her failure.

That's the amount she'd receive from 4.5 million shares of Yahoo stock and options, plus restricted stock that will vest once Verizon completes its purchase of Yahoo. This will no longer include the valuation of stock she has already sold or the bonus she made a decision to give up due to the massive cyber security breaches revealed earlier past year.

Mayer is leaving Yahoo with a market cap of about $46 Billion, which includes Altaba and what Verizon is buying without the liabilities of tax associated with these transactions. 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.

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