Marissa Mayer to step down from Yahoo CEO role with $23m package

Yahoo chief executive Marissa Mayer will step down from the role with a $23m severance package once its takeover from US telco verizon Wireless is completed later this year.
Documents filed with Securities and Exchange Commission today (March 13) reveal that Mayer will step down as CEO of Yahoo, or what remains of the company post the deal in its Altaba guise, and pocket a $3m cash payment as well as $20m in stock. Although it is expected that she will remain with the resulting entity in so