5 ms·

If she had managed to turn the company around, she would have become a legendary tech CEO. Either way she has made a lot of money and stands to make even more n

If she had managed to turn the company around, she would have become a legendary tech CEO. Either way she has made a lot of money and stands to make even more no matter what happens. So, in the end, this was still a good move for her.

jonknee 10y ago
Indeed, she has greatly enriched herself while flailing: > If Yahoo is sold and Ms. Mayer is terminated as a result, she stands to receive about $55 million. Since joining Yahoo, she has received $118.2 million in cash and equity compensation.
- overcast 10y ago
  Amazing that someone who failed, gets such compensation. Top execs should be paid proportional to profit. Of course this would never happen, but one can dream.
  - rifung 10y ago
    I think in some ways it makes sense that she gets paid so much though.. A failing company probably needs to give a greater incentive for someone to want to be their CEO. It'd probably be difficult for Mayer to get another CEO position in the future despite the fact that a turnaround at Yahoo would have been difficult for anyone. In a way she's being paid proportional to the risk associated with the job.
    - overcast 10y ago
      Looking at it from another way, CEO's can make a ton of money, regardless of what happens, including complete collapse of the company. While everyone else involved, loses tons of money, and their jobs. Maybe if there was more of an incentive, beyond guaranteed money. Like if after x amount of years, y goals have been met, then you get paid.
    - spriggan3 10y ago
      what risk ? she'll never have to work again. she'll probably sit on the board of some companies and vote their CEOs the same huge percs.
      - wpietri 10y ago
        Past a certain point, money is not a big motivator for most people. There are a lot of people still working even though they have more money than they will ever use. And many who retire keep just as busy doing something different. In her case, presumably she's ambitious and likes the work she does; the risk is that she loses opportunities to do the work.
    - Salgat 10y ago
      You start to wonder though, how much better these CEOs are compared to less famous ones.
  - sickbeard 10y ago
    This is a common occurrence long before Mayer became CEO. Thorsten Heinz of blackberry took away a chunk of money too after he failed. Many many examples of this in the industry.
- guelo 10y ago
  Any idea how much she made at Google?
- e15ctr0n 10y ago
  Previous HN discussion here: Yahoo's Marissa Mayer could get $55M in severance pay http://www.latimes.com/business/technology/la-fi-0429-tn-marissa-mayer-severance-20160429-story.html http://www.latimes.com/business/technology/la-fi-0429-tn-mar... https://news.ycombinator.com/item?id=11600137 https://news.ycombinator.com/item?id=11600137

jonknee 10y ago

Indeed, she has greatly enriched herself while flailing: > If Yahoo is sold and Ms. Mayer is terminated as a result, she stands to receive about $55 million. Since joining Yahoo, she has received $118.2 million in cash and equity compensation.

overcast 10y ago
Amazing that someone who failed, gets such compensation. Top execs should be paid proportional to profit. Of course this would never happen, but one can dream.
- rifung 10y ago
  I think in some ways it makes sense that she gets paid so much though.. A failing company probably needs to give a greater incentive for someone to want to be their CEO. It'd probably be difficult for Mayer to get another CEO position in the future despite the fact that a turnaround at Yahoo would have been difficult for anyone. In a way she's being paid proportional to the risk associated with the job.
  - overcast 10y ago
    Looking at it from another way, CEO's can make a ton of money, regardless of what happens, including complete collapse of the company. While everyone else involved, loses tons of money, and their jobs. Maybe if there was more of an incentive, beyond guaranteed money. Like if after x amount of years, y goals have been met, then you get paid.
  - spriggan3 10y ago
    what risk ? she'll never have to work again. she'll probably sit on the board of some companies and vote their CEOs the same huge percs.
    - wpietri 10y ago
      Past a certain point, money is not a big motivator for most people. There are a lot of people still working even though they have more money than they will ever use. And many who retire keep just as busy doing something different. In her case, presumably she's ambitious and likes the work she does; the risk is that she loses opportunities to do the work.
  - Salgat 10y ago
    You start to wonder though, how much better these CEOs are compared to less famous ones.
- sickbeard 10y ago
  This is a common occurrence long before Mayer became CEO. Thorsten Heinz of blackberry took away a chunk of money too after he failed. Many many examples of this in the industry.
guelo 10y ago
Any idea how much she made at Google?
e15ctr0n 10y ago
Previous HN discussion here: Yahoo's Marissa Mayer could get $55M in severance pay http://www.latimes.com/business/technology/la-fi-0429-tn-marissa-mayer-severance-20160429-story.html http://www.latimes.com/business/technology/la-fi-0429-tn-mar... https://news.ycombinator.com/item?id=11600137 https://news.ycombinator.com/item?id=11600137