CEO Marissa Mayer has nothing to worry about in case Yahoo!, Inc. gets sold and the new owners decide to fire her. After all getting almost $55 million in payout isn't really a bad deal.

Yahoo! just released how much the company is willing to give to its top executives as severance packages. Mayer, who joined the struggling media behemoth since 2012, would receive $54.8 million in cash and stock.

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The Stanford University alum and ex-Google exec took charge of Yahoo!'s top post in a bid to turn it around from losing money. Nevertheless, the company continued to struggle and bleed cash.  The company's shares dropped 33% in 2015, down from $50.66 per share in January to just $33.26 at year-end.

However, almost the entire severance package is in stock and Mayer will only receive $3 million in pure cash.

She just received a huge pay cut, from $42 million in 2014, to only $14 million in 2015, a significant difference from the "reported pay" that she was promised to earn.

The pay cut happened because the "company's 2015 performance fell short of the rigorous annual financial goals we set." Likewise, the executives also agreed to waive their bonuses last year.

 Despite the efforts to boost the company's profits and market share, it still lagged behind other internet giants, especially Facebook and Google.

Yahoo! already fired 15% of its staff this year. It lost $99 million in the first quarter of 2016, almost fourt times the $21 million of loss it sustained in 2015. 

Verizon, Alphabet, AT&T, Comcast and Time are reportedly interested in buying Yahoo!'s core assets and Mayer said that this is now her top priority. 

TagsYahoo, marissa mayer