Being fired after mere months in the job isn’t always a bad thing, especially if you walk away with a $58million severance package like former Yahoo chief operating officer Henrique de Castro
Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million, despite a tenure of just 15 month.
The company made the disclosure in a regulatory filing, and some commentators are already suggesting this reflects badly on CEO Marissa Mayer, who hired de Castro as her second-in-command in October 2012.
Mayer reportedly decided to fire de Castro in January, after he failed to turn around Yahoo's lagging ad sales growth.
A statement from the company's board said most of the severance stemmed from the costs of luring de Castro from his previous job at Google Inc.