Mayer’s Compensation at Yahoo Could Top $50 Million

Yahoo’s new CEO Marissa Mayer will take home a base salary of $1 million.

Yahoo filed its employment offer for the its new CEO — and expectant mother — with the SEC on Thursday.

While Mayer’s base salary will start at $1 million a year in 2012, the former Googler can earn a maximum of 400% of that salary in bonuses in 2012, assuming she exceeds targeted milestones.

In addition to her base pay, Mayer is also walking away with $12 million in Yahoo stock and an additional $14 million for the stock she was unable to vest at Google.

Moreover, the letter states that Yahoo will offer Mayer a big incentive for staying on for five years: $30 million in stock, $15 million of which will be fully vested at that time.

All-in-all, Mayer’s total pay package, including stock options, has the potential to be be nearly $60 million.

The offer letter mentions 20 days of vacation, but makes no mention of maternity leave.

What do you think of Mayer’s compensation package? Let us know in the comments.

Employment Offer Letter Marissa Maye r

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