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Archive - Jan 10, 2017

Date

Yahoo, no more: sold. Mayer's gain: "$365 million, 5 years at Yahoo". Who said in 2012 "Fool's bargain"?

If someone's gain at anyone's loss: who is the fool if there's a fool's bargain?
July 07, 2012: "Mayer was making a fool's bargain
to choose Yahoo over Google as the ambitious executive
shocked the tech world by leaving Google to become Yahoo’s new CEO"
Dec 14, 2015: "If she stays on board for another year and a half,
Mayer will make $365 million for 5 years of work at Yahoo"
"The vast majority of her pay isn't tied to Yahoo's performance as a company"
Jan 10, 2017: Yahoo is sold to Verizon.
"Yahoo's board voted to alter its change-in-control provision
to include the sale of a major business unit as well; and with that,
Mayer's $123 million payday was created."
"Without that vote, Mayer would have walked away with "only" around $14 million."

(quote)

Dec 14, 2015
If she stays on board for another year and a half, Marissa Mayer will make $365 million for five years of work at Yahoo.
The vast majority of her pay isn't tied to Yahoo's performance as a company
- it's tied to Yahoo's stock price.

Jan 10, 2017 read more »

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