Marissa Mayer’s Replacement, Thomas McInerney, Will Earn Twice Her Salary. Good for McInerney.

by Evil HR Lady on March 16, 2017

Altaba, what will be left of Yahoo, filed documents with the SEC regarding Marissa Mayer’s replacement, Thomas McInerney. McInerney’s salary is $2,000,000 a year, which is twice what Mayer’s current salary is.

Same job, double the salary, fair? Unfair?

Newsweek’s headline: Gender Pay Gap, Marissa Mayer’s Yahoo Replacement to Make Double Her Salary

Fortune’s headline: Yahoo’s New Male CEO Will Make Double Marissa Mayer’s Salary

Perez Hilton’s headline: Gross! The Man Replacing Marissa Mayer As Yahoo CEO Is Getting Paid TWICE AS MUCH!

While I don’t put Perez Hilton in the same category as Newsweek or Fortune, the sentiment is running all over the internet. But different salaries don’t mean illegal discrimination. They mean different people. Replacing one CEO with another isn’t like replacing one cashier with another. They are substantially different people with substantially different backgrounds and taking on substantially different jobs. Which means the salaries shouldn’t be the same.

To keep reading, click here: Marissa Mayer’s Replacement, Thomas McInerney, Will Earn Twice Her Salary. Good for McInerney.

{ 2 comments… read them below or add one }

grannybunny March 16, 2017 at 3:41 pm

This article raises more questions than it answers. If Mayer’s compensation was $150 million over 5 years, it was actually $30 million per year, not $1 million.

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Evil HR Lady March 16, 2017 at 3:43 pm

Her salary was $1 million. The rest were bonuses and stock. That’s why it’s a ridiculous thing to freak about about her replacement’s salary being double. A CEO of a company like Yahoo/Altaba’s salary is a tiny piece of her compensation.

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