Top Yahoo Execs in Line for $89.2 Million in Golden Parachute Compensation

How much money should executives of a failing tech company stand to take home as severance?

At Yahoo, the answer is $89.2 million, according to proxy filings. From USA Today:

"[CEO Marissa] Mayer could take home a whopping $44 million after her four-year stint as CEO; Goldman, $12.2 million. Chief Revenue Officer Lisa Utzschneider could make a $20.5 million soft-landing, and General Counsel Ronald S. Bell, $12.4 million. Co-founder David Filo, a board member who sports the title of "chief Yahoo", can look forward to a relatively modest padding of $65,742."

Those numbers represent what's called "golden parachute compensation," or severance packages allotted for executives who face a "qualifying termination" in connection with a sale of the company and change in command. Yahoo is slated to sell its core assets to Verizon for $4.8 billion. Read More