CEO of Marissa Mayer loses his annual bonus and they declined her stock awards this year. Yahoo’s senior lawyer resigned from the case because the company did not effort on the case of 32 million hacked yahoo accounts.
According to the internal investigation team, they said that company had an inquiry about the 32 million hacked Yahoo accounts but they did not properly investigate the case. There are two senior’s resigned from the company. ‘Ronald Bell’ the General Counsel at Yahoo and Marissa ‘Mayer’ The Chief Executive officer at Yahoo also resigned from the company.
The Independent Committee found that failures in communication, management, inquiry and internal reporting contributed to the lack of proper comprehension and handling of the 2014 Security Incident.”
CEO of the company Marissa Mayer added that she declined from the bonus from annual bonus and bonus from last year. They decided that the bonus will be distributed to lower Yahoo employees. Mayer said also added on Tumblr,