Yahoo CEO Mayer will pay 10 million dollars to retain the Chief Marketing officer

Source: Internet
Author: User
Keywords Yahoo Mayer Barrett retain

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September 8 News According to foreign media reports, Yahoo's new CEO Marissa-Mayer (Marissa Mayer) may pay about 10 million dollars to retain the Yahoo Chief Battalion finale Michael Barrett (Michael Barrett).

In June this year, former Google executive Barrett, Yahoo Executive vice president and the end of the Chief Battalion, responsible for Yahoo's global advertising sales and operations. The foreign source said that two people familiar with the matter, including equity and salaries, Barrett's compensation this year about 7 million U.S. dollars. In addition, Barrett also gained about $4.5 million worth of shares when he joined Yahoo.

For Ms. Mayer, Barrett is "worth the money". In the online marketing community, Barrett has been widely respected. Both his sales and his rivals in AOL, Facebook and other large display advertising companies are respectful of Barrett. As a result, the industry believes that Barrett is particularly valuable to Humeilhere, because her interest and understanding of Yahoo brand advertising business is not as Yahoo's user-oriented products.

In addition, Barrett helped Ms. Mayer build relationships in the industry. On her way to New York this summer, Barrett made a special introduction to Mayer's own industry friends, Yahoo's former advertising sales director Gregg Coleman (Greg Coleman), three people have dinner.

Balette has previously worked in a number of companies, including AOL and Disney online, and even previously had a Yahoo job experience, Yahoo has bought Balette's geocities company, and Balette also worked for a while in Yahoo.

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