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Yahoos New Male CEO Will Get Twice Marissa Mayers Salary [View all]
Source: NBC
The guy hired to run what's left of Yahoo after it imploded under Marissa Mayer will get twice her salary, according to a new filing.
The company named board member Thomas McInerney, 52, as the head of its new spinoff company, Altaba. McInerney, former CFO at IAC media company - which owns brands such as Tinder, OKCupid, and the Princeton Review - is to get a $2 million base pay, the company announced in an SEC filing Monday.
Mayer isn't going entirely gently into the good night, she'll get a $23 million golden parachute, as well as around $57 million in stock options.
Read more: http://www.nbcnews.com/tech/internet/yahoo-s-new-male-ceo-will-get-twice-marissa-mayer-n733231?cid=sm_npd_nn_tw_ma
I wish I could say I'm surprised but I'm not.
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