Marissa Mayer’s Severance Package Makes My Skull Hurt
It’s gotten to the point that folks are talking about Marissa Mayer’s severance package. Spoiler: it’s disgusting. “Not surprisingly, given that Mayer is one of the country’s best-paid executives, she has a lucrative change-in-control severance benefit in place. Her severance plan — which would kick in if she is terminated without cause due to a change of control of the company — would have been worth $157.9 million in 2014, according to a company tabulation in corporate filings.” Apparently the state the company’s in now is not considered “cause”.