Yahoo's Mayer Scores Million Dollar Bonus

Stock in company has risen 46 percent since former Google VP took over.

By Chris Roberts
|  Thursday, Mar 7, 2013  |  Updated 11:35 AM PDT
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Yahoo! President and CEO Marissa Mayer arriving at the White House for a meeting with President Barack Obama and other business leaders in the fall of 2012.

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Business is good at Yahoo for CEO Marissa Mayer, who recently received a $1.1 million bonus, according to reports.

Mayer, who has been at the helm of the Web 1.0 giant for less than six months, is eligible for a $2 million bonus each year on top of her annual salary of $1 million, the Associated Press reported.

She's done well with the company, which had suffered for years while other firms like Google, for whom Mayer served as a VP, thrived.

The company's stock has recovered by nearly 46 percent since Mayer took over, the news source reported.

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