Jul 20, 2012, 03.36 AM IST

Yahoo CEO Mayer stands to make over $40 million

YAHOO-MAYER-COMP:Yahoo CEO Mayer stands to make over $40 million

Source: Reuters
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(Reuters) - Marissa Mayer, Yahoo Inc's new chief executive officer will make $1 million in annual salary, $12 million in restricted stock and stock options, and one-time retention and performance awards of $30 million vesting over five years.


As Google Inc's first female engineer and one of the earliest employees, Mayer's net worth is already estimated to be as much as $300 million.


(Reporting By Jennifer Saba; editing by Andre Grenon)


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