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Another gold-plated parachute at Yahoo

Tuesday, July 31, 2012

The slumbering tech giant has poured lots of money down the leadership drain in hopes of climbing out of the wilderness, and the tradition lives on. Ex-interim CEO Ross Levinsohn, cast off in favor of Marissa Mayer for the CEO job, gets $1 million worth of stock plus 250,000 stock options valued at $15.80 a share and a severance that includes a year’s salary. He’s walking. Mercury News

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