Marissa Mayer

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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 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 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 »

Yahoo Is the New Netflix? Mayer Shopping for TV Shows

Service looks to compete with Netflix, Amazon

(Newser) - Yahoo is looking to cash in on online TV in a serious way, with insiders telling the Wall Street Journal that it's aiming to roll out four new half-hour comedy series. The series, whose budgets could run to several million dollars per episode, would consist of 10 episodes headed... More »

Marissa Mayer Fires High-Priced No. 2

Henrique de Castro will be getting a big payday

(Newser) - Marissa Mayer has fired COO Henrique de Castro, 15 months after she snatched him away from Google on an outsized four-year package worth an estimated $62 million. That was Mayer's first big hire as CEO, but he hasn't been able to boost Yahoo's flagging ad revenue as... More »

It's Official: Couric Is New Face of Yahoo News

Marissa Mayer announces Katie Couric as 'Global Anchor'

(Newser) - The rumors are true: Katie Couric is jumping over to online news. Yahoo announced today Couric will be its "global anchor" starting early next year. She'll be "the face of Yahoo News," writes Marissa Mayer, shooting features for the Yahoo homepage, continuing to host her... More »

Katie Couric Set to Leave ABC for Yahoo: Report

Marissa Mayer looking to beef up media presence: Hollywood Reporter

(Newser) - It looks like Katie Couric is just about done with network television. The Hollywood Reporter says she's in talks to leave ABC and join Yahoo, after being personally wooed by Marissa Mayer. The report says her daytime talk show, Katie, will likely be done after this season, its second.... More »

Yahoo to Encrypt All Products Amid NSA Spying

Marissa Mayer: We don't take users' trust 'for granted'

(Newser) - Yahoo is taking further steps to prevent NSA snooping: The company will encrypt all its products, and soon. In a blog post yesterday, CEO Marissa Mayer announced that by the end of Q1 next year, users will be able to have all data going to and from Yahoo encrypted if... More »

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