Marissa Mayer is giving up a ton of money over Yahoo’s data breach

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Yahoo CEO Marissa Mayer is giving up her valuable annual bonus and equity grant this year as a result of a major security breach at the company, she announced in a Tumblr post Wednesday.

Mayer’s decision to forgo the extra compensation was also disclosed in a document Yahoo filed with the United States Security and Exchange Commission the same day.

While it’s not exactly strange for a CEO to forgo a gigantic bonus after their company has a terrible year, what is weird is the way that Mayer described Yahoo’s major security breach in her statement. …

More about Marissa Mayer, Yahoo, and Business …read more

Via: Mashable: Business

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