Marissa Mayer is about to get really rich off Yahoo's sale

Marissa Mayer will have $186 million in Yahoo stock when Verizon buys the company

Mayer, who has failed to turn the Internet pioneer around in five years as CEO, is expected to step aside when Verizon completes its $4.5 billion purchase of Yahoo. Yahoo only notified 26 account holders of the breach at that time. This acquisition will result in the end of an era but also the struggle to restore the company back to its original status amid pressure from competitors.

A year ago it was revealed that one billion Yahoo accounts had been hacked under Mayer's watch - it was the largest hack of its kind in history.

When Mayer joined Yahoo from Google in 2012, it was deemed as a major coup as Yahoo was battling it out with Google.

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"People give Mayer a hard time because she was supposed to be some kind of product genius: 'She didn't create the next Snapchat inside Yahoo so she didn't succeed, '" Espelien said.

That pay, which will be completely vested at the season of the shareholder vote, does exclude her compensation and rewards in the course of recent years, or the estimation of other stock that Ms Mayer has officially sold. Following the its closure, Mayer is set to receive a severance package. Included in the figure is her golden parachute payout of $23 million, which largely consists of restricted stock.

Probably, one of the reasons why this deal got so much interest is not only linked to its impressive value, but also to the fact that Verizon cut part of the initial offer and finally said it will be paying $4.5 billion for the company. Google rose to dominance in search, while Facebook became a social-media powerhouse, both of them raking in digital-advertising dollars at Yahoo's expense.

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And Yahoo's lucrative stakes in the Chinese e-commerce giant Alibaba and Yahoo Japan will remain in the hands of current Yahoo shareholders in the form of a new, separate stock.

The sale to Verizon will leave those two investments, along with other assorted assets like a patent portfolio, in a new company called Alba. Many analysts believe Mayer will have no role in Verizon after the deal is done. Shares in the messaging company, which went public in March, are now trading at $21.20, valuing Yahoo's stake at $49 million.

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