After the Verizon deal was announced on Monday, the Internet erupted in outrage that Yahoo CEO Marissa Mayer could collect as much as $55 million. That’s the figure Yahoo stated in April that Mayer could collect if the company were sold and more-than enough to get observers who think Mayer has not done a great job to declare her pay unfair, and another sign that corporate compensation is corrupt. But, here’s the thing, that widely reported $55 million figure grossly understates what Mayer is likely to pocket after the deal closes. The real number: $122,578,795.
Marissa Mayer’s Payday Is Even More Insane Than You Think