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veteran Ken Goldman executive will receive $ 1.1 million in salary and bonuses Marissa Meyer new boss seeks to redress the company

Yahoo finance new leader

up to 18 million in salary, bonuses, restricted stock and stock options for the next four years, according to a regulatory filing.

Ken Goldman, a veteran technology executive, has been appointed Chief Financial Officer of the Internet Society in crisis Tuesday as the new chief Marissa Mayer tries to turn around Yahoo's fortunes. His compensation could amount to more than $ 70 million in salary, bonuses, restricted stock and stock options within five years.

Goldman, 63, will receive $ 1.1 million in salary and bonus, and restricted stock units and stock options based on the performance of a value of $ 12 million to Over the next four years.

Yahoo reported Tuesday staff about his plans for the company. The private meeting was advertised as "an act of radical transparency", but according to reports, it has not made great new movements. Mayer told the staff that the company will focus on a part of the daily lives of its users, moving more towards mobile and the growth of its core business.
Mayer

Yahoo is the third full-time CEO since the company fired Carol Bartz, in September 2011. Microsoft offers $ 44.6bn for Yahoo in February 2008. The offer was firmly rejected by the co-founder and chief executive Jerry Yang. Since then, his fortunes declined rapidly since the company suffered a loss of advertising in Google and Facebook, and was hit by a series of boardroom unrest. Yahoo is currently valued at $ 18.5 billion.

Brian Wieser, Basic Research Group analyst, told Bloomberg: "We have yet to see action." Mayer said he would change the "dynamics" of the base of the industry to restore its advertising business by entering into agreements with other major players such as Microsoft and AOL.

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