People who are criticizing Mayer's deal are failing to realize that Mayer had better options than taking over as head of yahoo. She was a bright star who could have gone to any number of companies.<p>Nobody in the tech community would have categorized Yahoo as "ready for a turn around". Companies that large that have been mismanaged for so long are filled with middle managers that are better at internal politics than driving initiatives. The odds of yahoo turning around were extremely low. They had to put a deal together to entice someone who had a good reputation from a leading tech company to put their name on the line to go try and sort out a giant mess.<p>If your gripe is the difference between her salary and the lowest paid then I understand. That doesn't mean you bash Mayer for playing by the rules that society has set up. Good for her for getting paid. That makes you no different than the middle manager who isn't helping their team push forward but instead is sitting in meetings taking pot shots at everyone else.<p>Support a law that says the top executive can't make x times the total comp of the lowest paid. Of course every law like that will create incentives to structure companies to maximize payments to execs. those conversations would add more to our discussion than just throwing rocks.
So nearly a $100M pay cut from the original exit package valued at "up to" $110M[1]. I still think she is the perfect pick for COO of Uber.<p>[1] <a href="http://money.cnn.com/2015/12/07/technology/marissa-mayer-severance-package/" rel="nofollow">http://money.cnn.com/2015/12/07/technology/marissa-mayer-sev...</a>
I'm assuming this amount was agreed upon before she accepted the job at the helm of a company that was expected to go the way it did, e.g. split from its most valued asset, Alibaba? I don't see that as being a "reward" for failure. Although I do wonder what was the point of having a high-profile CEO when most shareholders were waiting to cash out on the Alibaba sale?<p>In 2013, Bloomberg estimated that Yahoo's non-Alibaba worth was "as little as $4 billion" [0], so getting sold for $4.4 billion 3 years later isn't success, but it isn't abject failure either.<p>[0] <a href="https://www.bloomberg.com/news/articles/2013-10-16/how-much-is-yahoo-worth-without-alibaba-not-much" rel="nofollow">https://www.bloomberg.com/news/articles/2013-10-16/how-much-...</a>
that is a sweet way to fail. don't blame her, though. there is only one real solution to this problem, unfortunately: much higher taxes once you start raking in absurd dollars. odds of that happening in US in near future: low.
If only I could make that much by reading children's stories[0] to thousands of professionals at a time in obtuse fashion.<p>[0] <a href="http://www.businessinsider.com/marissa-mayer-childrens-book-bobbie-had-a-nickel-2015-1" rel="nofollow">http://www.businessinsider.com/marissa-mayer-childrens-book-...</a>
Question to folks here. Is it still worth joining Yahoo as an engineer (if yo u are not able to manage Goog/Facebook/Apple/Amazon? What are the risks due to Verizon takeover?
Because the Yahoo-Verizon merger is kind of confusing: this is <i>not</i> about the parts (Yahoo.com, Tumblr, Flickr etc.) which are about to merge into Verizon. This is actually about the spinoff containing the assets which will stay separate.<p>Who eventually is going to run the parts at Verizon (which will not be Mayer) is as of yet unknown I believe.
Quick reminder, there is no correlation between CEO pay and performance:<p><a href="http://www.motherjones.com/files/blog_ceo_pay_performance.jpg" rel="nofollow">http://www.motherjones.com/files/blog_ceo_pay_performance.jp...</a>