Yahoo CEO’s сompensation jumps 69 percent to $42.1 million
By Bloomberg
Yahoo! Inc. Chief Executive officer Marissa Mayer’s total compensation rose 69 percent to $42.1 million last year as she worked on a turnaround of the Web portal.
Most of the package came from stock and option awards during the year, according to a filing Wednesday with the U.S. Securities and Exchange Commission. Yahoo’s rising stock price helped drive the value of Mayer’s compensation, the company said.
While some of the grants came in 2012 and 2013, they must be considered 2014 grants under compliance rules, Yahoo said.
Mayer’s stock options were valued in the filing at $28.2 million and can be exercised at $18.87 a share, which was the price given for options granted in 2012. Yahoo shares closed at $43.28 in New York trading today, giving the options a value of $31 million.
Her awarded pay package, which measures what the compensation was worth at the end of fiscal 2014, totaled $59.1 million, according to the Bloomberg Pay Index.
Sarah Meron, a spokeswoman for Yahoo, didn’t immediately respond to e-mails and phone calls after business hours seeking comment.
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