Big Obama Donor, Google's Marissa Mayer to Rake in Millions as New Yahoo! Chief

-By Warner Todd Huston

Former Google Vice President Marissa Mayer is set to rake in a million dollars a year and more than ten times that in stock options if she can stick it out for three years as the new Yahoo! chief executive.

As the announcement of Mayer's ascension to the position broke, industry watchers learned that, along with her $1 million per year salary, she will get a $2 million per year cash bonus if the Internet company reaches earnings goals. She will also get $12 million in Yahoo! stock after a three year vestment period not to mention a $30 million one-time award of stock after a five-year vestment.

Mayer will also reportedly get a $14 million bonus of stock to make up for compensation she'll lose as a top Google employee. Mayer was one of the earliest employees Google hired.

It may be a bit tough for Mayer to realize all these fantastic "one percenter" riches, though. Yahoo! has gone through five chiefs in just the last year as earnings continue to disappoint.

As it happens, Mayer is also quite a supporter of Mr. Obama and his Democrat cohorts. A quick search of OpenSecrets.org shows that Mayer has given in excess of $42,000 to such recipients as Barack Obama, the Democratic National Committee, and Maine Senator Olympia Snowe.

No word if Mayer feels she built that fortune one her own or if somebody else made that happen?

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    "No word if Mayer feels she built that fortune one [sic] her own or if somebody else made that happen?"

    No word whether she thinks she gets credit for inventing the internet, the microchip, the copper wire, or whether she thinks Newton, Gandhi, and Einstein owe royalties to Bernard of Clairvaux for the quip, "I stand on the shoulders of giants."

    Way to side with Romney and Fox as they clip the president's speech to make it look like he said something completely remote from his actual words. Classy.

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    At the risk of repeating myself, since my comment is slow to appear, and it's my first attempt here:

    "No word if Mayer feels she built that fortune one [sic] her own or if somebody else made that happen?"

    No word whether she thinks she gets credit for inventing the internet, the microchip, the copper wire, or whether she thinks Newton, Gandhi, and Einstein owe royalties to Bernard of Clairvaux for the quip, "I stand on the shoulders of giants."

    Way to side with Romney and Fox as they clip the president's speech to make it look like he said something completely remote from his actual words. Classy.

    Or I could say, "Not too bright, Bart, but very typically Breitbart" to do such things, ain't it?

  • Who cares? Really. Is this a news story?

    You don't want millionaire donors, stop calling corporations people.

  • In reply to Dan Bradley:

    Oh, DO show us all where anyone said that we "don't want millionaire donors." Go on. Where was it said?

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