Yahoo CEO Marissa Mayer's Compensation Soars 69 Percent to $42.1 Million
None of Yahoo's primary executives earned a bonus in 2015.
Yahoo compensated CEO Marissa Mayer with $42.1 million in 2015, mostly due to stock and option awards, according to a regulatory filing on Friday.
Mayer's compensation soared 69 percent year over year, even though Yahoo shares sunk 34 percent in 2015.
None of Yahoo's primary executives earned a bonus in 2015, but that's largely been the case over the past three years. Mayer earned a $1 million salary, $11.8 million in stock awards, $28.2 million in options and $1.1 million through a nonequity incentive plan.
After several years of a turnaround plan, Yahoo announced this year it was seeking strategic alternatives and has fielded bids from Verizon and other suitors interested in purchasing all or parts of the company.
Ken Goldman, the company's CFO, was paid $13 million in 2015, up from $6 million a year before. General counsel Ronald Bell made $4.2 million, down from $5 million, while former COO Henrique De Castro was paid $1.2 million, down from $11 million.
Yahoo co-founder David Filo, whose official title is "Chief Yahoo," was paid $1, as has been the case for several years.