We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Yahoo GC Steps Down, CEO Loses Bonus After Data Breaches

Law360, New York (March 2, 2017, 9:49 PM EST) -- Yahoo's general counsel has resigned and its CEO Marissa Mayer will not be paid her annual bonus for 2016 in the wake of an internal probe that concluded that certain senior executives failed to adequately respond to a trio of data breaches believed to have affected at least 1.5 billion users, the company revealed Wednesday. 

The company's disclosure came as part of its annual report filed with the U.S. Securities and Exchange Commission, which covered a range of topics, including legal and regulatory fallout from three...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.