HONG KONG: Marissa Mayer, CEO of Yahoo, just won a 69 per cent raise, bringing her total compensation for 2014 to US$42 million (S$55.57 million) and making her reportedly the highest-paid woman running a US company, said media reports here the other day.
The 39-year-old former Google executive was paid US$1 million in salary – but that’s just the start, USA Today reported. Stock and one-time option awards heaped on an additional US$11.7 million and US$28.2 million respectively. Add in US$1.1 million in an incentive pay plan and US$28,065 in additional perks and you get to US$42 million.
But the San Jose Mercury News noted that part of the hefty pay raise stemmed from one-time incentives awarded when she joined Yahoo in 2012, but that were only vested in 2014.
The incentives were designed to make up for the Google stock she gave up when she left the search engine giant to take Yahoo’s helm, but the value of the original award has ballooned with help from Yahoo’s stake in Chinese e-commerce company Alibaba, which went public in the fall.
