Online media firm Yahoo has revealed that its new CEO, Marissa Mayer, the former Google executive, could receive over $70m a year through her remuneration package.
Mayer, whose basic salary is $1m a year, could earn more than 70 times that through shares, share options and bonuses, it has been reported.
After three years, Mayer’s bonus will be made up of remunerable shares, and will also receive a loyalty award after five years with Yahoo.
Mayer took up her role on Tuesday, taking over from Scott Thompson who left the company in May.
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