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Marissa Mayer will make $186 million on Yahoo's sale to Verizon

Yahoo also owns stakes in Hortonworks, an enterprise software company

Marissa Mayer. (Photo: reuters)
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CEO Marissa Mayer didn’t receive a cash bonus last year amid the investigations and the pending sale to Verizon. <b>(Photo: reuters)<b>

Vindu Goel | NYT San Francisco
Yahoo shareholders will vote June 8 on whether to sell the company’s internet businesses to Verizon Communications for $4.48 billion. A yes vote, which is widely expected, would end Marissa Mayer’s largely unsuccessful five-year effort to restore the internet pioneer to greatness.

But Ms. Mayer, the company’s chief executive, will be well compensated for her failure. Her Yahoo stock, stock options and restricted stock units are worth a total of $186 million, based on Monday’s stock price of $48.15, according to data filed on Monday in the documents sent to shareholders about the Verizon deal.

That compensation, which will be fully vested

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