The New York Times – Dissecting Marissa Mayer’s $900,000-a-Week Yahoo Paycheck
When Yahoo is absorbed by Verizon Communications, it will be the end of an era for one of the pioneering names of the internet age. It will also conclude the remarkable five-year run of Yahoo’s chief executive, Marissa Mayer. “She was an attractive, high-visibility C.E.O. trying to bring some excitement and glamour to Yahoo,” notes Egon Zehnder consultant Martha Josephson. “As hard as the job was, she didn’t get a break. If she were an ugly man, she’d be a hero.” On July 16, 2012, the day she was hired, Yahoo’s share price was $15.65. On Friday, it closed at $50.60. The stock’s performance has topped other venerable tech companies like Microsoft, Oracle and Cisco Systems, and matched the gains of Alphabet, the parent company of Google, Yahoo’s most direct competitor.
Full story: “Dissecting Marissa Mayer’s $900,000-a-Week Yahoo Paycheck” in The New York Times (03 June 2017).