Mayer 23 million......for what

[SoesWasBetter]

http://www.breitbart.com/news/yahoo-ceo-mayer-to-receive-23m-severance-wont-stay-with-altaba/

Almost makes you want to embrace communism

Too many clowns like this making obscene amounts of money .

 

[Baron]

"Show me an incumbent bigco failing to adapt to change, and I'll show you top execs getting paid huge cash compensation..." - Marc Andreesen

 

[SoesWasBetter]

They keep prosecuting traders for scamming the markets , we had another spoofer go down recently, but never any movement on the corporate hijackers.

 

[Superstar2317]

Yahoo CEO's have always been overpaid...Semel got like $500M with half of that after being fired. After Yang, you got Bartz getting hundreds of millions and ironically she wasn't bad. The other 2 including interim were reasonable before Mayer got hundreds of millions. She literally did nothing except waste $100M on a guy there, a few months, and close to a billion for nonprofitable tumblr. Ride Babas coattails, sell a portion so they'd go public, buy back shares, inflate stock and get even more money. If she made that stake tax free she would have been a hero as the savings eclipse that core value by multiples.

 

[DallasCowboysFan]

Don't blame her, it's not her fault.

Blame the Boards across America that gave her the initial contract and agreed to the buyout.

It happens everyday but we just heard about this one.

Who was the guy from CITI that got a 300? MN buyout 7,8 years ago after several years of disappointing performances ?

 

[i960]

Blame the Boards across America that gave her the initial contract and agreed to the buyout.

Sure, we can try blaming them - but what's the point when they're all in on this gravy train? Self-created problem because it benefits them.

 

[DallasCowboysFan]

Sure, we can try blaming them - but what's the point when they're all in on this gravy train? Self-created problem because it benefits them.[/QUOTE]

You're right. Being on the Board
of a S And P 500 company is better than winning the Lottery. The names of the Board members are The Who's who of American society and Business. Some of the larger companies pay 50K a month for the 10-12 meetings they hold every year.

And I don't recall the specific number, but Colin Powell and Henry Kissinger were on 12 or 15 Boards.

And you don't even have to show up, you can attend via telephone.

Granted, most of these companies are paying for political connections from the Board members and not their business acumen, but it's still a good gig if you can get one.

 

[athlonmank8]

This is the result of idiotic shareholders and boards. It's got nothing to do with the fact she's a f*ckin moron.

 

[sle]

Who was the guy from CITI that got a 300? MN buyout 7,8 years ago after several years of disappointing performances ?

Vikram Pandit
oh, God, what a tool he is and how he managed to rip everyone off

 

[Option_Attack]

Yeah but she's kinda cute...

https://imgur.com/BL35iaK