Sunday April 22, 2018

Why are CEOs getting paid tons of money for nothing?

Marissa Mayer will pocket $186 million when Verizon fully acquires Yahoo next month — for essentially doing nothing. Yahoo’s core business stagnated under Meyer’s leadership. However, when she took the job, she inherited Yahoo’s 15 percent stake in Alibaba, the Chinese e-commerce colossus. Alibaba’s increasing value caused Yahoo stock to double over her five-year tenure.  More…

Posted by at June 11, 2017
Filed in category: Business, Interesting, Strange, Tabloid,

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