Swisher Says Yahoo! (YHOO) Paid 'Big, Big Bucks' for Marissa Mayer
Tweet Send to a Friend
Get Alerts YHOO Hot Sheet
Trade YHOO Now!
According to AllThingsD's Kara Swisher, Yahoo! (Nasdaq: YHOO) paid "big, big bucks" to hire former Google exec Marissa Mayer. Swisher cited a source on the Yahoo! Board of Directors.
Apparently Mayer's compensation was a "hotly debated" issue prior to a decision. Some Board members questioned whether Mayer will turn out to be worth the large sum.
Yahoo! shares are up very modestly (about 10 cents) since the Mayer news.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Apparently Mayer's compensation was a "hotly debated" issue prior to a decision. Some Board members questioned whether Mayer will turn out to be worth the large sum.
Yahoo! shares are up very modestly (about 10 cents) since the Mayer news.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Sony (SNE) Won't Consider Loeb's Entertainment Spinoff Proposal at AGM
- Men's Wearhouse (MW) Terminates George Zimmer; Postpones Annual Meeting
- Bristol-Myers Squibb (BMY) Adds Harmon's Paliwal to Board
Create E-mail Alert Related Categories
Management Changes, Rumors
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
