Tuesday, June 13, 2017

Yahoo CEO Marissa Meyer Messes Things Up At Yahoo & Leaves The Company With A $23m Severance Package

Yahoo CEO Marissa Meyer leaves the company with a $23m severance package as Verizon closes $4.48bn takeover 

Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned. Mayer will receive a $23million severance package, according to an earlier filing, as well as $186million in stock options. 'Given the inherent changes to my role, I'll be leaving the company,' Mayer wrote in an email to the company obtained by CNN. 'However, I want all of you to know that I'm brimming with nostalgia, gratitude and optimism.' 'Verizon wishes Mayer well in her future endeavors,' the company said in a statement. Although Mayer's five years as CEO of Yahoo were marred with failure, she'll still leave the company with hundreds of millions of dollars. Daily Mail Read More>>>>>>

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