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Yahoo Paid CEO Marissa Mayer $36.6 Million in 2012

Yahoo CEO Marissa Mayer
Marissa Mayer, chief executive officer of Yahoo! Inc., speaks during the TechCrunch Disrupt NYC 2013 conference in New York on April 29, 2013. Photographer: Scott Eells/Bloomberg

May 1 (Bloomberg) -- Yahoo! Inc., the largest U.S. Web portal, paid Chief Executive Officer Marissa Mayer a total of $36.6 million in 2012 as she works to turn around the company.

Mayer received $454,862 in salary, $35 million in stock awards and a bonus of $1.12 million, according to a filing with the U.S. Securities and Exchange Commission yesterday. She also got $40,540 in other compensation, which includes personal security services, charitable matching contributions and life-insurance premiums, Sunnyvale, California-based Yahoo said.

Yahoo hired Mayer in July 2012 after a series of board and management changes. She has focused on recruiting and keeping talented employees, and using deals and new products to transform the company into a more robust competitor to Google Inc. and Facebook Inc.

The company’s shares rose 1.2 percent to $24.73 at yesterday’s close in New York. The stock has gained 59 percent since Mayer took over as CEO on July 17.

To contact the reporter on this story: Jillian Ward in San Francisco at jward56@bloomberg.net

To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net

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