Tuesday, January 28, 2014
Mayer Fires Top Lieutenant as Turnaround Strategy Seems to be Going Nowhere
Henrique De Castro was no ordinary man. He was poached from Google (GOOG) to help Yahoo! (YHOO) CEO Marissa Mayer rejuvenate the company’s flagging advertising revenues.
As Yahoo’s COO, he was one of the highest paid executives in Silicon Valley.
It is also said that De Castro’s pay scale was heftier than Marissa Mayer’s who reportedly pulled in $36.6 million annually, compared to his $39.2 million.
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