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Ceo pay is soaring
Marissa Mayer is getting an initial compensation package valued at nearly $60 million — big for any incoming CEO — but one of the biggest ever awarded to a woman.
Mayer's pay package reflects the escalating costs of CEO hires. Last year, retailer J.C. Penney paid Apple retail store chief Ron Johnson more than $50 million. And when Apple replaced an ailing Steve Jobs, it gave Chief Financial Officer Tim Cook stock grants valued at more than $375 million.
Marissa Mayer's Yahoo CEO compensation nearly $60 million
Marissa Mayer is getting an initial compensation package valued at nearly $60 million — big for any incoming CEO — but one of the biggest ever awarded to a woman.
Mayer's pay package reflects the escalating costs of CEO hires. Last year, retailer J.C. Penney paid Apple retail store chief Ron Johnson more than $50 million. And when Apple replaced an ailing Steve Jobs, it gave Chief Financial Officer Tim Cook stock grants valued at more than $375 million.
Marissa Mayer's Yahoo CEO compensation nearly $60 million