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Yahoo chief executive Marissa Mayer in line for $US23m golden parachute

Yahoo chief executive Marissa Mayer will be replaced when the firm is sold to Verizon and what remains becomes an investment company called Altaba.

Board member Thomas McInerney, 52, a former executive with internet firm InterActiveCorp and Ticketmaster, will take her place, Yahoo said in a US Securities and Exchange Commission filing on Monday.

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    Original URL: https://www.afr.com/technology/yahoo-chief-executive-marissa-mayer-in-line-for-us23m-golden-parachute-20170314-guxcff