Yahoo is giving its new chief executive Marissa Mayer a compensation package worth more than $59 million over the next several years.

Yahoo Inc. said in a regulatory filing Thursday that Mayer will receive an annual salary of $1 million. She’s also eligible for a $2 million bonus, and $12 million in restricted stock and stock options that will vest over several years.

Meyer, who is 37 and was lured away from Google Inc., will also receive $30 million in the form of a one-time retention award if she stays at Yahoo for 5 years.

— From wire reports