WOMAN BANKING IN TECH -Yahoo's Mayer gets $1.1 million bonus
Yahoo CEO Marissa Mayer received a $1.12 million cash bonus for her half-year on the job in 2012 and restricted stock worth another $13.3 million, according to company filings.
Filings late Wednesday also disclosed that Mayer, who joined the Web portal company in July, will get a $1 million base salary this year, unchanged from her 2012 salary level, and a cash bonus of up to $2 million this year.
The 585,000 shares of stock Mayer received in grants was on top of 2.1 million shares and options, worth $47.2 million at Wednesday's closing price, that she already held.
Under Mayer's employment agreement, disclosed last year, she received a retention bonus of $15 million worth of Yahoo stock, $15 million in stock options based on performance and an additional $14 million in stock to make up for money she lost when she left rival Google (GOOG, Fortune 500) to take the top job atYahoo (YHOO, Fortune 500).
Yahoo share prices have risen 46% since Mayer was named to the post in July.
Her tenure has been closely watched. Yahoo posted better-than-expected earnings in her first two quarters at the helm, and has announced turnaround plans that have the company's revenue growing again.
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She also got attention when she disclosed a pregnancy at the same time she was appointed. She gave birth to her first child in September, and got more attention when she said that having a baby while in the top job was "easy."
Last month, she said Yahoo employees would no longer be able to work from home, a widely discussed move that sparked criticism from some quarters.