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Mon Jul 16, 2012, 07:13 PM

Yahoo Names Google Exec Marissa Mayer As CEO (breaking... she's also pregnant)

Last edited Tue Jul 17, 2012, 12:51 PM - Edit history (1)

Source: Forbes

In a stunning development, Yahoo has named long-time Google exec Marissa Mayer as the company’s CEO.

Reported earlier by the New York Times and CNBC, the company has now issued a release officially announcing the news.

Mayer’s appointment will come as a surprise to both the Valley and the Street. Most observers had expected the job to go to interim CEO Ross Levinsohn, who has been running the company in the wake of the recent departure of former CEO Scott Thompson, who was pushed out in a scandal over inaccuracies in his resume.

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Mayer, 37, recently had been responsible for Google‘s location-based services. She was employee #20 at Google. As the Times notes, Mayer has lately been stretching her reach beyond Google, recently taking a seat on the Wal-Mart board, for instance.

Read more: http://www.forbes.com/sites/ericsavitz/2012/07/16/yahoo-names-google-exec-marissa-mayer-as-ceo/



Wonderful news for an additional woman CEO in a Fortune 500 company -- she's also one of the youngest. She also has a technical (rather than business) background studying AI at Stanford and MIT. Here's hoping she can right this ship.

Also, see the latest at http://www.huffingtonpost.com/2012/07/17/marissa-mayer-yahoo-ceo-pregnant_n_1678944.html

There has been a lot of mixed reaction to this news.

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Reply Yahoo Names Google Exec Marissa Mayer As CEO (breaking... she's also pregnant) (Original post)
Sgent Jul 2012 OP
cbayer Jul 2012 #1
banned from Kos Jul 2012 #2
PoliticAverse Jul 2012 #4
PoliticAverse Jul 2012 #3
PoliticAverse Jul 2012 #5

Response to Sgent (Original post)

Mon Jul 16, 2012, 07:15 PM

1. Great choice!

I wish her fair wind and following seas.

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Response to Sgent (Original post)

Mon Jul 16, 2012, 07:23 PM

2. also a liberal - no surprise coming from Google

 

donates to Dems and ActBlue!

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Response to banned from Kos (Reply #2)

Tue Jul 17, 2012, 06:17 AM

4. "Yahoo taps politically savvy Google exec as CEO"

In 2010, she held a fundraiser at her house for President Barack Obama and has given to Obama annually since 2007.

Last year, Mayer contributed $35,800 to the Obama Victory Fund 2012.

Mayer is an active Democratic fundraiser. In 2011, she gave $30,800 to the Democratic National Committee. In 2010, she gave two donations of $30,400 to the DNC, according to Open Secrets.

She also has bundled between $100,000 and $200,000 for Obama for America and Obama Victory Fund 2012, according to the Obama campaign.

http://www.politico.com/news/stories/0712/78570.html

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Response to Sgent (Original post)

Mon Jul 16, 2012, 08:07 PM

3. Interesting that she went to Google's fading competitor. n/t

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Response to Sgent (Original post)

Tue Jul 17, 2012, 06:28 AM

5. New Yahoo CEO Mayer is pregnant

FORTUNE --Marissa Mayer, the Google (GOOG) executive who today was named Yahoo's (YHOO) new chief executive, is pregnant.

Mayer told Fortune exclusively that her first child is due October 7. It's a boy!

http://postcards.blogs.fortune.cnn.com/2012/07/16/mayer-yahoo-ceo-pregnant/

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