A Securities and Exchange Commission (SEC) filing on Friday revealed that Yahoo's board has agreed to a $55 million severance package for Marissa Mayer if she loses her job within a year of a sale.
That's a lot of money for a chief executive who hasn't been able to
keep Yahoo's stock from falling don't you think?
In 2015, the value of Yahoo's stock
fell by 33%.
Worth noting: most of the money from the severance package
is composed of restricted stock units and options -- there's only $3
million in cold hard cash.
Also, Yahoo revealed Mayer suffered a
significant pay cut last year.
Her "reported pay" was $36 million, but
her "realized pay" is closer to $14 million.
"It's Just Another Day."
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“He was despised and rejected by mankind, a man of suffering, and familiar with pain. Like one from whom people hide their faces he was despised, and we held him in low esteem. Surely he took up our pain and bore our suffering, yet we considered him punished by God, stricken by him, and afflicted.” -Isaiah 53:3-4 
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