Marissa Mayer may not have had nearly the year that fellow ex-Google executive Sheryl Sandberg had. But by most standards, the Yahoo CEO did OK for herself on the compensation front.
named CEO at Yahoo in July, received 2012 compensation valued at $36.6
million, the Internet giant said in a Tuesday proxy filing. That
includes $458,000 in salary and $35 million in restricted shares that
vest by 2017.
Yahoo spent heavily to recruit Mayer -- at 37, the
youngest CEO of a Fortune 500 company. The company said it paid her a
one-time retention award valued at $30 million, a one time "make-whole"
award valued at $14 million to cover lost compensation at Google and
future annual stock awards of $12 million. Mayer will also receive $1
million in salary this year and a bonus of up to $2 million.
Mayer made waves for banning most employees from telecommuting,
shareholders have little to complain about. Yahoo is up nearly 60% since
Mayer was hired.
Mayer replaced Scott Thompson, who was forced
out of the company after just four months for embellishing his resume.
Thompson had replaced Carol Bartz, fired in 2011.
shares are down nearly 30% since a May IPO, Sandberg is a clear winner
on the compensation front. Facebook said last week that the Facebook COO
gained $821 million from previously awarded shares that vested last
year. That's on top of $26 million in pay and other compensation.