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Her pay package could total roughly $100 million over five years, according to Yahoo. “Stratospheric,” said Eleanor Bloxham, CEO of the Value Alliance and an executive compensation expert. “I really think that boards need to step back and start thinking of some sense of reason with respect to what they pay, and what the motivations of the CEO should be. I would hope her motivation is because she wants to make this into a great company. What one gets paid ought to be secondary to that.” pointe shoe wings uk online.
Yahoo said that without the make-whole payment, about half her compensation is performance-based. The last line of her employment offer shows the board is intent on avoiding another fiasco like the r&#233;sum&#233; problems with its last CEO, Scott Thompson. It reads: “Background Check. Please understand that this offer is contingent upon the successful completion of your background check.” Thompson’s offer letter did not have that language. He left the company in May after four months when questions were raised about his r&#233;sum&#233; pointe shoe wings uk online. His pay package was $26 million..
In announcing Mayer’s hiring earlier this week, Yahoo’s board said it “signals a renewed focus on product innovation” and advertising revenue. At Google, Mayer led the development of Google’s image and product search functions, and was deeply involved in new product offerings such as Gmail. Her last position there was head of the company’s multibillion-dollar focus on local and location-based advertising pointe shoe wings uk online. Mayer’s net worth has been estimated at $300 million. She is married to tech investor Zack Bogue, and is expecting her first child. She serves on the board of Wal-Mart Stores, the San Francisco Museum of Modern Art and the New York City Ballet..
“She hit the jackpot,” said Charles Elson of the University of Delaware’s John L. Weinberg Center for Corporate Governance. Mayer’s total compensation this year is $56 million in stock and options, $1 million in salary and a $2 million bonus, according to Equilar, an executive compensation data firm pointe shoe wings uk online. That pay level would have ranked the first-time CEO third behind second-place Larry Ellison’s 2011 total pay of $77.5 million in this paper’s What the Boss Makes survey of 198 publicly traded Bay Area companies. It is more than double what her predecessor made..
Silicon Valley’s other female CEO, Hewlett-Packard’s (HPQ) Meg Whitman, was paid $16.5 million in 2011, almost all of it in stock options. Mayer, 37, on Tuesday jumped from Google (GOOG), where she was employee No.”ˆ20 at a company with a great future, to become the second CEO this year at a company with a great past and an uncertain future. Now much of Yahoo’s fate depends on whether the company’s board of directors has finally found the leadership it needs to recover the momentum the Internet company has lost in the past several years pointe shoe wings uk online.