back to article Yahoo!'s Marissa! will! eject! with! $186m!.. $185m!.. $184m!..

When Yahoo! boss Marissa Mayer leaves the merged Verizon-AOL-Yahoo! behemoth, as is expected soon, she'll walk away with stocks and cash today worth $186m. In paperwork submitted to America's financial watchdog on Monday, Yahoo! revealed that its CEO, who presided over its plunge into obscurity, owns 4,492,286 shares of stock …

  1. getHandle

    9 figures??

    Words fail me...

    1. Mikel

      Re: 9 figures??

      Like I said... A genius, this one.

      1. Michael Thibault

        Re: 9 figures??

        The only way to explain this is either a brilliant self-serving negotiator, on one hand, or some frantic profligate populating a contract with clauses that give away wealth on the other. Had to be. But neither alone seems likely something from this universe, and to attribute it to some combination of the two is equally alien.

  2. a_yank_lurker Silver badge

    Wasn't worth it.

    Putrid Palace and Verizon have wasted way too much on her.

    1. Steve Davies 3 Silver badge
      Paris Hilton

      Re: Wasn't worth it.

      The problem is that she'll pop up somewhere else that 'needs her unique type of help' and walk away with another huge wad of cash.

      Rinse and repeat cycle.

      Paris because even she'd be hard pushed to get so much for doing so little.

  3. fidodogbreath Silver badge
    Go

    A more cost-effective solution

    I would have been happy to drive Yahoo into the ground for a mere $50 million. I wouldn't even have made them pay my COBRA health insurance premiums.

    To any multinational-corp board members reading this, please know that my offer still stands. If your goal is to preside over the collapse of a company (once-proud or otherwise), please contact me. I'll guarantee to do the job for HALF the price of a "name-brand" CEO such as Mayer or Apotheker.

    1. Ken Hagan Gold badge

      Re: A more cost-effective solution

      You're missing the point. She didn't merely preside over the collapse of the company. She did that and then persuaded some other schmuck to pay nearly 5 billion for the rubble. If you are a Yahoo shareholder, she has earned her cut of those profits.

      Of course, if you are a Verizon shareholder then you ought to be asking how much your execs are getting paid. (Hint: If it is positive then it's waaay too much.)

    2. goldcd

      Yahoo was an "also-ran" from the outset.

      I do have to give them faint-praise for "still existing".

      I mean htf do they still exist?

      How do yahoo make their money?

      *bemused*

      1. Anonymous Coward
        Anonymous Coward

        Re: Yahoo was an "also-ran" from the outset.

        Indeed. What's the point of Yahoo? Serious(ly). However, moving on, there are few more nauseating sights in the corporate world than big cheeses making a complete horlicks of everything, and still walking away with all the money. That sort of thing used to lead to revolutions.

  4. Paul Renault

    More money for CEOs guarantees poorer performance.

    I keep this graph handy on page 23 of the linked-to PDF, for when some idiot tries to explain why CEOs deserve all the money they're paid:

    https://www.msci.com/documents/10199/91a7f92b-d4ba-4d29-ae5f-8022f9bb944d <--PDF

    "Similarly to the previous tests, companies with CEOs who were paid above the median over the 10-year period significantly underperformed those companies where cumulative CEO summary pay was below their peer group median"

    1. Ken Hagan Gold badge

      Re: More money for CEOs guarantees poorer performance.

      That doesn't surprise me. If we assume that execs have no effect on company performance at all, but their pay rises and falls with performance but plus a several-year time-lag, you'll get exactly that effect and none of it means anything.

  5. hellwig Silver badge

    THIRD largest individual shareholder?

    WTF did she bring to the picture such that she deserved to own more of that company than all but TWO other people? That's an asinine figure for any CEO who wasn't also a founder of the company, although maybe that just goes to show how little faith anyone else had in Yahoo (i.e. that no one else footed enough money to own more of the company than she did).

    I really think executives who want to make "bold" decisions should do so out of their own benefits. When she decided to buy Tumblr, some of that should have come out of her stake in the company. If it payed-off, she'd reap the rewards, if it fell flat (like it did), she'd learn not to do stupid sh*t like that again.

  6. FozzyBear Silver badge
    Unhappy

    Once again Top execs show they have no fucking clue, ability or competence except when it comes to negotiating what their employment package contains .

    1. Captain Dallas

      To be fair, she did stop the evil practice of working from home and was a major contributor to the angle of the exclamation point in the rebranding.

      So, f*ck all in effect.

  7. MattP1821

    Spot the issue

    As a tangent to what the article is about and knowing that The Register a news site specialising in IT, Privacy Infosec & Science etc..., has Mayer given permission for the above photo to be used as it appears to show her Date of Birth and while this may be a stock photo would this really suffice to cover your backsides?

    1. AIBailey Silver badge

      Re: Spot the issue

      It's a screen grab from Wikipedia (though taken a while ago), so the information is very much in the public domain.

      No backside to cover in this instance.

  8. Jim Preis

    And somewhere inside what once was Yahoo, an employee is arguing with Yahoo's chosen insurance company over the $30 co-payment for their child's Albuterol inhaler.

    God save the queen!

  9. chivo243 Silver badge
    Meh

    Rinse, Repeat

    All executives that have made it to C or D level seem to land on their feet after a bit of a tumble, and get another nice paying gig regardless how bad they performed at their previous assignment.

    Sick really...

    1. admiraljkb

      Re: Rinse, Repeat

      "...and get another nice paying gig ..."

      except she no longer needs another gig, EVER. As long as she can keep her living expenses reasonable (actually even unreasonable, just not NFL player crazy spending), she and her family are set for life, all the way to her grandkids' lives, and possibly beyond that with nobody "working" again. Hats off to her for accomplishing that trick while putting the last torpedoes into the USS Yahoo! of which she was captain.

  10. zen1

    fuck up, move up, cash out... the American way.

  11. This post has been deleted by its author

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