“I am honored and delighted to lead Yahoo, one of the internet’s premier destinations for more than 700 million users,” Ms. Mayer said in a statement. “I look forward to working with the Company’s dedicated employees to bring innovative products, content, and personalized experiences to users and advertisers all around the world.”
! Co-Founder David Filo said, “Marissa is a well-known, visionary leader in user experience and product design and one of Silicon Valley’s most exciting strategists in technology development. I look forward to working with her to enhance Yahoo’s product offerings for our over 700 million unique monthly visitors.”
“The Board of Directors unanimously agreed that Marissa’s unparalleled track record in technology, design, and product execution makes her the right leader for Yahoo! at this time of enormous opportunity,” said Fred Amoroso, Chairman of the Board of Directors.
Mayer received her B.S. in Symbolic Systems and her M.S. in Computer Science from Stanford University, specializing in artificial intelligence for both degrees. She is credited as an inventor on several patents in artificial intelligence and interface design.
“Yahoo!’s products will continue to enhance our partnerships with advertisers, technology and media companies, while inspiring and delighting our users. There is a lot to do and I can’t wait to get started,” Mayer said.
what an awesome move.
Finally Yahoo brings in someone with internet strategy, vision and tech experience.
I would call this the best move yahoo has made since acquiring Overture.com 10 years ago.
She got squeezed out at Google for a reason – she is cute though – that counts for a lot in my book.
Candidly – I think her real job is to get Yahoo sold for as much as what is left.
Marissa Mayer is the new CEO of Yahoo. Will the ex-Google executive save Yahoo? Vote at Nationwidevotes.com
Wow. That’s what happens when you push aside top execs. Goog is crazy crazy to let someone with so much high level inside knowledge leave their corp.
Non compete?
William –
Obviously – NO non-compete – But very good observation.
As stated before – she clearly was sqeezed out very non-harmoniously – probably gave them the bird when a non-compete was offered for a mil or so – but then again Yaho0 likely did not have the money or budget or PR clearance to offer the NDA in the first place – it just shows how many – but not all parts of this dying monopoly of yesteryear are floundering.
It sounds like a definite coup for Yahoo.
Congrats to her on the appt., no doubt she will do well!
I have met and worked with Marissa on a few occasions, she is a very detail oriented person who has worked at Google since the beginning. She will bring in a lot of the ideas that have worked at Google over the years, which will be great for Yahoo. One thing that she will do differently is that she is very hands on, she was originally a programmer at Google, so nobody will be able to pull any BS over her. I wouldn’t be surprised if she sits down and starts coding sometimes. The choice of Marissa was a complete surprise to me, she will definitely change how Yahoo does everything across the board.
My only concern is that she doesn’t have that C-level experience. But she can easily handle the Yahoo board as she sure is tough.
BTW, Non-Competes aren’t normally enforceable in California.
She plans to take maternity leave in October.
Therefore, I suspect she will be distracted from Oct. thru Dec.
Maybe, she can get the ball rolling in the correct direction before she leaves.
@BrianWick, are you trying to say that she will be successful because she is cute?
Ash –
Without divesting the Yahoo businesses nothing will be remotely successful to shareholders – so the CEO may as well be easy on the eye – albeit her experience and looks in the end has no relevance – Yahoo is a cement elephant.
Just as Microsoft is divorcing itself from the NBC libs in their MSNBC deal – Yahoo must divorce itself from itself – because shareholders ultimately dictate.
“Yahoo must divorce itself from itself – because shareholders ultimately dictate.”
What utter shit you talk..
I am on Yahoo daily for emailing and also use their Finance site, and read a lot of their news stories. While the news isn’t always the highest quality, it’s presented in a good format and always updating. 700 million monthly uniques is nothing to sneeze at, I wouldn’t write them off yet. They just need someone with vision who can make Yahoo more of a presence in hot areas, maybe they found her. Remember how Apple came back…