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Yahoo withholds CEO Marissa Mayer's bonus as punishment for security breach response

Yahoo withholds CEO Marissa Mayer's bonus as punishment for security breach response

Yahoo is punishing CEO Marissa Mayer and parting ways with its top lawyer for the mishandling of two security breaches that exposed the personal information of more than 1 billion users and already have cost the company $350 million.

Mayer won't be paid her annual bonus nor receive a potentially lucrative stock award because a Yahoo investigation concluded her management team reacted too slowly to one breach discovered in 2014.

Yahoo's general counsel, Ronald Bell, resigned without severance pay for his department's lackadaisical response to the security lapses.

Alex Stamos, Yahoo's top security officer at the time of the 2014 breach, left the company in...

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