- A new SEC filing reveals that Yahoo's (YHOO) board has agreed to a $55M severance package for the embattled chief executive if the company's auction of its Internet operations ends in a sale that ousts Mayer from her job.
- That's a lot of money for a CEO who hasn't been able to keep Yahoo's stock from falling. In 2015, the value of the firm's stock fell by a third, while her "actual" compensation totaled $14M, well above the $12M median paid to top executives in the S&P 500.