In addition to being able to birth live young, Yahoo's new den mother has another thing she can hold over most other Tech CEOs in Silicon Valley: her salary. In a regulatory filing yesterday, the plucky internet portal and Flickr host revealed their new chief executive will receive a $1 million base salary with a total pay package that could hit $129 million over the next five years, depending on how well she nurses the company. According to the New York Times, that salary package is larger than the average CEO pay in Silicon Valley, although she is still far from being tech's top earner.

In Silicon Valley where stock options are king, the base salary doesn't always mean much. Apple CEO Tim Cook, who broke the other glass ceiling by becoming the most powerful (out) gay man in America, has a base salary of $900,000, but his total pay package will hit $378 million once his stock options have been marinading for a decade or so. Steve Jobs famously only took in $1 per year as his salary, preferring to make most of his money off of being a total genius.

HP CEO and failed gubernatorial candidate Meg Whitman also makes a buck a year, but she could cash out with $16 million in stocks plus a $6 million bonus as early as next October. Likewise, Mayer's old boss Larry Page also a value menu salary, but his pile of Google stock is worth something like $15.5 billion at the moment.

As one analyst explained to the New York Times, it is a big payday for Mayer, but unless she can turn the ship around, Mayer will simply "join a long succession of Yahoo CEOs with sizable pay packages who did not add value."

Yahoo's last two chief execs started off with the same $1 million base and managed to cash out pretty well despite their rocky tenures. In only four months with the company, Scott Thompson walked away with $7 million in cash after getting the boot for fudging his resume.

Previously: All Marissa Mayer coverage on SFist
[NYT]