Yahoo CEO's 2014 Compensation Valued at $42.1 Million

By Josh Beckerman Yahoo Inc. said Chief Executive Marissa Mayer’s compensation last year was valued at $42.1 million, up from $24.9 million in 2013. Ms. Mayer’s base salary remained at $1 million. The 2014 total included $11.8 million of stock awards, $28.2 million of option awards and $1.1 million of non-equity incentive-plan compensation. Yahoo noted that it delivered significant returns to shareholders last year and said its focus on mobile growth “paid off in 2014.”However, Yahoo said its executives’ incentive awards, including their annual cash bonuses and their equity awards tied to 2014 performance, paid out or vested “at significantly less than their target levels because rigorous annual financial goals were not fully met.”Yahoo’s compensation committee set 2014 targets for overall revenue of $5 billion and mobile revenue of $500 million. Based on the company’s adjusted total revenue of $4.59 billion and adjusted mobile revenue of $549 million, Yahoo exceeded one target and fell short of another.Chief Financial Officer Ken Goldman’s total compensation was valued at $13 million, up from $6 million in 2013. Mr. Goldman’s base salary remained at $600,000. Last week, Yahoo reported first-quarter profit and revenue results below analysts’ estimates. Revenue from display advertisements and search ads both fell for the first time in years.Investors are scrutinizing Yahoo’s core business more closely as the company prepares to spin off its shares of Chinese e-commerce giant Alibaba Holding Group Ltd. in a transaction scheduled for later this year. Write to Josh Beckerman at

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