About $186m if you are Marissa Mayer, outgoing chief executive of troubled internet giant Yahoo. Yahoo boss Marissa Mayer loses millions in bonuses over security lapses Read moreYahoo is currently being sold to Verizon, the US’s largest telecom company, for $4.49bn. Shareholders will be asked to approve the deal on 8 June and a yes vote will most likely trigger a huge payout for Mayer. Yahoo’s CEO holds stock, stock options and restricted stock units worth a total of $186m, according to documents sent to shareholders about the Verizon deal. That decision came after Yahoo’s security team discovered that hackers had breached Yahoo’s systems in 2014 and that executives had “failed to act sufficiently”.
Source: The Guardian April 25, 2017 15:56 UTC