Marissa Mayer will receive $ 54.8 million in the sale of Yahoo

In recent quarters, Yahoo does not please investors with a profit or a positive upward trend. Over the past year, the company continued to report revenue declines, and in February Yahoo announced the sale of several divisions. At the same time, the company recently disclosed the amount of remuneration that Yahoo's key representatives will receive when they take over the company.



Yahoo CEO Marissa Mayer will be reimbursed for $ 54.8 million when she’s dismissed during the year. Although the company does not indicate the expected completion date for the sale, The Associated Press reports, citing analysts, that Yahoo can complete the deal takeover within two months with an estimated amount of $ 4 billion to $ 10 billion.

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Currently, Yahoo is in conflict with its investors - Starboard Value hedge fund has reached an agreement with the company regarding the appointment of four new representatives to the board of directors. The headboard of Starboard Value, Jeffrey Smith, must take one of three places, including in the council for evaluating applications for the sale of Yahoo.



Under the leadership of Marissa Mayer, Yahoo shares have fallen in price by 34% since 2015, while she received $ 14 million in payments from the company. Presumably, revenue for 2016 will additionally fall by 15% to $ 3.5 billion.

"I do not think that the management team at the head of Yahoo has done anything to deserve such payments," said Spring Jack's Asset Management managing director Eric Jackson to The Associated Press.

Vice presidents and other key Yahoo employees will receive similar payments. Thus, Lisa Utchender, director of revenue, will receive $ 19.9 million, Ken Goldman, financial director, will receive $ 16.1 million, and General Counsel Ronald Bell will receive $ 9 million when selling Yahoo. Yahoo representatives declined to comment on these rumors, which is to be expected.