Ex-Yahoo COO De Castro got higher pay cheque than CEO Mayer

WASHINGTON: Yahoo's now ex-COO Henrique De Castro is reportedly said to take home a fatter paycheck than that of the company's CEO Marissa Mayer.

De Castro is expected to walk away with somewhere from $88 million to $109 million for 15 months of work at the internet giant.

According to Cnet, former Googler Mayer had hired De Castro for Yahoo offering a fat contract, which was touted as the biggest golden parachute packages ever.

In an explanatory memo to staff, Mayer said that she made the difficult decision that COO, De Castro, should leave the company and appreciated his contributions and wished him the best in his future endeavors.

Forbes has calculated that during his brief tenure at Yahoo, De Castro pulled down $244,000-a-day.

His total compensation, apart from the additional goodies in the parachute package, was 39.2 million dollars, higher than Mayer's 36.6 million dollars, the report added.

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