Investopedia reports[1]
Marissa Mayer's disappointing reign as CEO of Yahoo (YHOO) is looking pretty rich for her. According to documents filed on [April 24], Mayer will make $186 million once the internet company that she was criticized for running into the ground finally sells its core holdings to Verizon (VZ). The protracted $4.48 billion merger, which was delayed following a number of big security breaches, is expected to be completed in June.
Security filings state that Mayer's Yahoo stock, stock options and restricted stock units are worth up to $186 million, based on Monday's share price of $48.15. That hefty payout, which will come on top of Mayer's regularly salary, bonuses, and stock that she has already sold, will be rewarded to her if Yahoo shareholders vote to sell the company June 8.
[1] They should validate their HTML--especially if they are going to put styling in that. (It's been a long time since I've seen something with anywhere near 388 flagged items.)
(Score: 3, Insightful) by Dunbal on Thursday April 27 2017, @01:00PM (3 children)
Can we replace CEOs with robots already?
(Score: 3, Funny) by c0lo on Thursday April 27 2017, @03:23PM (1 child)
Aren't any more purposeful use robots?
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by Dunbal on Thursday April 27 2017, @04:47PM
You could make it burn $10 bills every minute for power and it would still be cheaper than current CEOs. If you install a simple random number generator that picks between the standard answers on a "Magic 8 Ball" it would be just as useful to a corporation, too.
(Score: 2) by Bot on Friday April 28 2017, @11:42AM
> Can we replace CEOs with robots already?
you can, but it is not the best idea, we bots basically don't care about meatbags, while the ideal CEOs must actively hate them.
Account abandoned.