4 ms·
So lets say that Marissa was handed a steaming bag (other than the BABA stake obviously) and that the stub was destined for failure either way (probably true).
by hodder 9y ago
So lets say that Marissa was handed a steaming bag (other than the BABA stake obviously) and that the stub was destined for failure either way (probably true). Why does she still deserve several hundred million from shareholders?
- strunz 9y agoBecause that's the contract she signed knowing that this was a possible outcome and could ruin her career.
- GVIrish 9y agoI think that is a criticism of the whole concept of golden parachutes in the C-suite. Mayer's compensation wasn't that unusual but it just seems silly to offer a huge amount of money in the event of failure. I mean, even high level employees joining a beleaguered companies don't get big payouts if they fail or the company goes under. Why should it be any different for the C-suite? You should only get a big payout for success.