Yahoo's chief executive officer Marissa Mayer will be receiving a package benefit amounting to $23 million after the completion of a deal with Verizon which includes ditching of its Internet business chrysalis. 

In filings with the Securities of Exchange on Monday, March 13, Yahoo indicated its severance packages for executives that will be leaving the company. Yahoo's proxy statement show that of the figure due for Mayer, $3 million will be in cash and the rest will be in the form of stock and benefits.

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CNN understands that the severance payout for Mayer would come on top of the over $150 million she received in salary and stock awards since joining Yahoo in 2012.

Yahoo's chief revenue officer Lisa Utzschneider will get about $16.5million package while chief financial officer Ken Goldman will receive $9.5 million. Yahoo will also give $15,000 cash to its co-founder David Filio along with two years' worth of health insurance while general counsel Ronald Bell will not receive any.

Bell resigned after an internal investigation into the management's handling of massive hacks the company experienced in 2014.

A special meeting for Yahoo shareholders to approve the sale of chrysalis to Verizon is yet to be announced.  The deal has lost $350 million of its value after series of data breaches were discovered affecting more than one billion users during internal audits of Yahoo's systems.

After the deal, now valued at $4.48 billion, what remains of Yahoo will emerge as an Alibaba shareholding firm called Altaba while Mayer would step down as a member of the board of directors. She will cease to function as CEO and will be replaced by board member Thomas McInerney.

It is unclear what role Mayer will have under Verizon if there is any. But  Mayer in a statement last month regarding the new acquisition deal said, "We continue to be very excited to join forces with Verizon and AOL. It is an important step to unlock the shareholder value for Yahoo, and we can now move forward with confidence and certainty."