Internet, Marissa Mayer | featured news

New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing made by the company Thursday.

Marissa Mayer, Yahoo Inc's new chief executive officer will make $1 million in annual salary, $12 million in restricted stock and stock options, and one-time retention and performance awards of $30 million vesting over five years.

Marissa Mayer's move from Google exec to Yahoo! CEO made her one of the most powerful women in the tech industry. Her announcement just three hours later that she's expecting her first child made her "the most powerful pregnant woman in America," says Lisa Belkin of The Huffington Post.

Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from financial malaise and internal turmoil. Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began her career at Google in 1999 after getting her master's degree at Stanford, the school Google's co-founders attended.