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All of that increase is due to the increase in value of the Alibaba stock - which was pushed through by Yang long before she got there. If she hadn't sold half

• skinnymuch 9y ago
  Mayer didn't sell the 40% stake. The deal was begun and going through before she was CEO. It was only finalized and completed with her as CEO. Not like she was going to be allowed to stop the deal. The bad board and activist investors are the ones to blame.
  • opo 9y ago
    >...Not like she was going to be allowed to stop the deal. I am not sure how you can be so sure about that. I wasn’t privy to the discussions with her and the board, were you? If she recognized how bad of an idea that was she could have made it a condition of taking the job. My guess is that she saw the 7 billion from selling their position as free money that would take the pressure off of her for a while.
    • skinnymuch 9y ago
      No of course I'm not privy to everything. It was known the board wanted to get rid of some of the Alibaba stake for cash. So they just wouldn't hire Mayer if she wouldn't allow the deal as part of her being CEO. You can of course say we don't know for sure but if we know the board really wants some cash from Alibaba and has kicked out Jerry Yang already, then it isn't hard to think that Mayer hasn't no leverage here. Also just for basic timeline sake - in 2012, the deal was announced in the media in May, Mayer is CEO in July, and the deal completes in Sept.