Published On: Mon, Dec 7th, 2015

5 CEOs can get paid $1.3 Billion to get lost

Yahoo! CEO Marissa Mayer Announces Acquisition Of Tumblr For $1.1 Billion

  •  Yahoo! CEO Marissa Mayer gets an impressive $157.9 million even if the internet company is sold off.
  • The biggest potential windfall from a change of control goes to Stephen (Steve) Wynn, Wynn Resorts. The 73-year-old casino maverick stands to be paid $431.8 million if the company were to go through a change of control, S&P Capital IQ data says.
  •  David Simon, 54, CEO of Simon Property Group, real-estate investment trust for 20 years, now has a lucrative golden parachute in place that would pay him $293.4 million on a change-of-control event, says S&P Capital IQ.
  • David Zaslav of media company Discovery Communications.
  • Terry Lundgren of department store operator Macy’s, that get the largest potential payouts if their companies are taken over, according to a USA TODAY analysis of data from S&P Capital IQ.

Read the full story at USA TODAY, by Matt Krantz


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