Marissa Mayer is the CEO of Yahoo,Inc and She joined this web portal company on July 17. Before joining Yahoo She was the executive in Google and ranked as 20th employee in Google.
According to sources Yahoo will offer the base salary of $1 Million annually along with that She’ll get $12 million annually in restricted stock units and in stock options.
Regard this story, Venture Beat mentioned in their report that “Mayer will further get a one-time retention award of $30 million in cash and stock, which is basically just an incentive to stay for five years — the time it takes to vest.”
Mayer said in her official statement when she was appointed as a new CEO of Yahoo “I am honored and delighted to lead Yahoo!, one of the internet’s premier destinations for more than 700 million users.”
She said “I look forward to working with the Company’s dedicated employees to bring innovative products, content, and personalized experiences to users and advertisers all around the world.”
Employment Offer Letter Marissa Maye r