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Tech titan settles divorce, proceeds with property division

The former head of Yahoo! has reached a divorce settlement with her ex-husband, and the two have begun to divide their many high-priced assets. Following years of bitter wrangling over family and finances, Susan Decker and her investment banker ex are now delving into discussions of marital property, community property, and other confounding aspects of property division.

Scheduled to go to trial on April 24, attorneys for Decker and her estranged husband reached a last-minute deal the evening before. The next day, a judge approved the settlement details. In Texas, divorcing couples can reach a settlement through negotiation or mediation.

Married in 1992, Decker and her ex-husband met at Harvard Business School. Yahoo! management promoted Decker to president in 2007. With a husband working at Montgomery Securities, an investment firm, Decker's family amassed a wealth of assets over the years.

Such assets included over $70 million in stocks, cash, real estate and other holdings. Four residences, as well as a piece of land in Napa, complemented the couple's other property: motorcycles, boats and season tickets for the San Francisco Giants. The couple also amassed multiple golf and yacht club memberships.

Decker left the Internet search engine and news service in 2009, two years after her initial divorce petition in 2007. While married, they had three children together. The exes cited their children as the primary reason for agreeing on a settlement instead of proceeding to trial.

The duo's initial divorce activity, however, was quite dramatic, involving accusations of infidelity and drug use. A letter leaked to the press even accused Decker of electronically bugging one of their residences in order to spy on her then-husband.

As they've since reached a settlement, though, the pair will now work with their attorneys, and each other, to divide any property on which they have not yet reached an agreement.

Source: San Jose Mercury News, "Ex-Yahoo president, husband settle bitter divorce case," Gary Klein, April 22, 2012

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Attorney Christine K. Lincoln

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