Following two separate security breaches revealed last year that compromised the personal information of more than 1.5 billion users, Yahoo CEO Marissa Mayer announced today via her Tumblr page that she will be redistributing her annual bonus and equity stock grant to Yahoo employees. The Verge reports: Relevant to Mayer’s admission here, an independent committee Yahoo brought on to investigate the hacks found the company to be at fault for not sufficiently responding to the security incidents. “While significant additional security measures were implemented in response to those incidents, it appears certain senior executives did not properly comprehend or investigate, and therefore failed to act sufficiently upon, the full extent of knowledge known internally by the company’s information security team,” reads the committee’s findings, which are contained in Yahoo’s 10-K report for 2016. As a result of the hacks, Yahoo’s top lawyer, Ron Bell, has been fired, Recode reported today. Mayer has accumulated about $162 million during the five years she’s spent as the company’s CEO in both salary and stock awards, according to CNN. She’s also due about $55 million in severance if she decides to leave the company following its acquisition by Verizon. So it’s safe to say her bonus would involve a hefty amount of money now going to Yahoo employees who have weathered the storm throughout Mayer’s tumultuous tenure.
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