Yahoo!‘s board has decided CEO Marissa Mayer should not be paid her bonus, after investigating the 2014 hack that has so besmirched the company’s reputation and finding the company knew about the gravity of the situation but failed to act properly to address the situation. Mayer has also decided to forego an award of equity due to her this year. News of the decisions and Yahoo!‘s investigation into the hacks emerged today with the publication of the company’s Form 10-K, the warts-and-all documents US public companies are required to file each year to disclose just about any risk they face.
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ORIGINAL SOURCE: The Register
