Marissa Mayer

Stories 1 - 20 |  Next >>

Ex-CEO Blames Russians for Attacks on Yahoo Data

Marissa Mayer says she's sorry for hacks that affected all 3 billion Yahoo users

(Newser) - "I want to sincerely apologize to each and every one of our users,” Reuters quotes former Yahoo CEO Marissa Mayer as saying. Mayer testified in front of the Senate Commerce Committee Wednesday regarding two massive data breaches at Yahoo. In 2013, all 3 billion Yahoo accounts were hacked... More »

It's Official: Yahoo Is No More

CEO Marissa Mayer posts a goodbye letter

(Newser) - It's official: Verizon has snatched up Yahoo in a long-anticipated $4.48 billion deal completed Tuesday that will see Yahoo CEO Marissa Mayer exit with a healthy payout. Mayer will walk away with $23 million, plus stock holdings worth $200 million, report Variety and CNBC . In a "goodbye... More »

Female CEO Who Now Makes More Than Marissa Mayer

IBM's Virginia Rometty was compensated $32.3M in 2016, Mayer just $27.4M

(Newser) - Think "well-compensated female CEO" and Marissa Mayer is likely to come to mind, but the Yahoo CEO has been knocked off her perch as the highest-paid one, per an Equilar-AP analysis . The survey included only women CEOs who've been in their roles for at least two years at... More »

Marissa Mayer Could Walk With $186M

Filings suggest she will make at least that much

(Newser) - Her years in charge of Yahoo haven't been what you would call an unqualified success, but Marissa Mayer still stands to make $186 million if the company's sale to Verizon goes ahead June 8. That figure includes the CEO's Yahoo stock, stock options, and restricted stock units... More »

New Male Yahoo CEO to Get Double Mayer's Salary

Thomas McInerney will also have a simpler job

(Newser) - If Yahoo's sale of most of its business to Verizon goes through, the man hired to run what little remains of the company will receive double the salary of female predecessor Marissa Mayer, according to an SEC filing. Board member Thomas McInerney will receive $2 million base pay, twice... More »

Marissa Mayer Likely Getting $23M Severance

According to new filing cited by CNNMoney

(Newser) - When Yahoo's sale to Verizon is complete, Marissa Mayer will likely walk away with a $23 million severance package, CNNMoney reports, citing a company filing. The package is contingent on the sale and on Mayer, who will lose her job as Yahoo's CEO, being terminated without cause. It'... More »

Yahoo Metes Out Punishment in Hacking Mess

Punishes Marissa Mayer, parts ways with top lawyer

(Newser) - Yahoo is punishing CEO Marissa Mayer and parting ways with its top lawyer for the mishandling of two security breaches that exposed the personal information of more than 1 billion users and already have cost the company $350 million, the AP reports. Mayer won't be paid her annual bonus... More »

Marissa Mayer Will Exit Yahoo Board if Verizon Deal Goes Through

Yahoo will also change its name to Altaba Inc. if deal is done

(Newser) - Yahoo will adopt a new corporate identity and slash the size of its board if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through, the AP reports. The company plans to change its name to Altaba Inc. after it turns over its email, websites,... More »

Yahoo Exec Claims He Was Fired Because He Was Male

The hits just keep coming for Marissa Mayer's company

(Newser) - Embattled Yahoo CEO Marissa Mayer has been sued over allegations she deliberately favored women over men, the San Jose Mercury News reports. Scott Ard claims his 2015 firing from Yahoo's media department was motivated by his gender, and Meyer's wish to see more women in leadership positions within... More »

Marissa Mayer Lashes Out at 'Gender-Charged' Reporting

'It's a shame'

(Newser) - Marissa Mayer says coverage of her four years at the helm of Yahoo has been "gender charged." "We all see the things that only plague women leaders, like articles that focus on their appearance, like Hillary Clinton sporting a new pantsuit," she tells the Financial Times ... More »

What the $4.83B Yahoo Deal Gets Verizon

A chance to stand a little taller among giants

(Newser) - In its confirmation of Verizon's purchase of Yahoo's web assets , announced Monday morning, the Wall Street Journal describes it as a "remarkable fall" for Yahoo, once valued at more than $125 billion and now plucked up for less than 4% of that—$4.83 billion in cash.... More »

Yahoo's Marissa Mayer Could Get $55M Parachute

And shareholders aren't necessarily happy about it

(Newser) - Marissa Mayer has failed to stop Yahoo's downward spiral during more than three years with the company, so obviously the CEO is slated to receive a massive severance package worth $55 million, the AP reports. That information comes from a regulatory filing Friday and includes both stock and cash,... More »

Activist Investor Wants to Scrub Entire Yahoo Board

Starboard says it's got 9 nominees to take over for floundering Internet company

(Newser) - Yahoo's entire board of directors should be swapped out, per an activist investor, and the AP reports that Starboard Value is going to nominate nine new board members Thursday, ratcheting up tensions between itself and the beleaguered Internet giant. The Wall Street Journal says it reviewed a letter from... More »

Marissa Mayer Has Her Twins

Yahoo CEO gives birth

(Newser) - Marissa Mayer's "limited" maternity leave has begun: "Zack and I are excited to announce that our identical twin girls were born early this morning. Our whole family is doing great!" the Yahoo CEO tweeted Thursday. As Mashable notes, just yesterday Yahoo announced a big "turnaround... More »

Yahoo Dumps Plan to Sell Alibaba

Board moves instead to sell off core businesses

(Newser) - In something of an abrupt about-face, Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead break off the rest of its business into a new company. The change of heart announced Wednesday comes after Yahoo's board met last... More »

Yahoo May Sell Off What You Think of as Yahoo

'Wall Street Journal' reports board is considering 'core business' sale

(Newser) - Yahoo's board will meet later this week to discuss selling the company lock, stock, and Alibaba, sources tell the Wall Street Journal . The sources say that board members are worried about CEO Marissa Mayer's slow progress in turning the company around and are considering selling off Yahoo's... More »

Marissa Mayer Is Pregnant With Twins

She's planning another short maternity leave

(Newser) - Yahoo CEO Marissa Mayer has just announced she's expecting identical twin girls in December, but don't expect her to be away from work long. "Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my... More »

Yahoo Sues Alleged Leaker for Talking to Author

Firm says Cecile Lal was 'eager' to help with book on CEO's rise

(Newser) - Yahoo doesn't like it when you spill its secrets: An ex-staffer accused of leaking information to an author chronicling Marissa Mayer's leadership is the target of a lawsuit from the company, reports the San Francisco Chronicle . According to the lawsuit, Cecile Lal, a former senior director of product... More »

Why Yahoo Wouldn't Hire Gwyneth Paltrow

Marissa Mayer turned off by Paltrow's lack of college degree, exec tells 'NYT'

(Newser) - Tucked away in a New York Times profile of Marissa Mayer from last week is an amusing tidbit about Gwyneth Paltrow picked up by Gawker and the Daily Mail . It seems that cookbook author and lifestyle-advice purveyor Paltrow was under consideration to be hired as a contributing editor for Yahoo... More »

Fired Yahoo Exec Worked 18 Months, Walks With $58M

Yahoo reveals details of Henrique de Castro's severance package

(Newser) - Yahoo's recently fired chief operating officer , Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job and wasn't deemed worthy of the $540,000 bonus he was eligible for in 2013. Yahoo previously disclosed... More »

Stories 1 - 20 |  Next >>

AROUND THE WEB