What made Yahoo decide to put its life in Marissa Mayer hands?
In Silicon Valley and tech experts around the globe are considering coup scenarios, after 13 years at Google, Marissa Mayer, will be the next president and chief executive of the struggling Tech Giant Yahoo. This move gives her an opportunity to step out on her own and claim a bigger stage!!!
As soon, she will be joining the elite club of Top women in the technology industry which includes, Meg Whitman, the chief executive of Hewlett-Packard, Virginia M. Rometty, the head of I.B.M., Sheryl Sandberg COO Facebook.
In another news Ms. Marissa Mayer disclosed on Twitter late Monday that she is pregnant. You can follow her on Twitter @marissamayer.
- Marissa Mayer will be fifth chief executive in less than a year at yahoo!
- she’s had an amazing career with $300 million fortune.
- She joined Google in 1999 as first female engineer.
- The company is planning to lay off thousands of employee
Web Giant Yahoo named its 5th CEO in 5years.
Tim Koogle (Aug. 1995 – May 2001) – He helped Yahoo! to come out of a simple search engine name to a multimedia brand name.
Tim Semel (May 2001 – June 2007) – Google emerged as Giant (the revenue in early December 2006 of $4.5 billion to Google’s $7.2 billion).
Jerry Yang (June 2007 – Nov. 2008) – Biggest disappointment was, he lost Google-Yahoo deal amid Justice Department questions over antitrust issues. Not to forget, resisted Microsoft’s offer to buy the company in 2008.
Carol Bartz (Jan. 2009 – Sept. 2011) – Slashed costs with layoffs and a search partnership with Microsoft. Lagged behind Google and Facebook in the sale of targeted ads.
Tim Morse (Sept. 2011 – Jan. 2012) – Established a content-sharing and distribution partnership with ABC News and rolled out more than a dozen original Web series.
Scott Thompson (Jan. 2012 – May 2012) – The former PayPal president left after discrepancies in his bio were discovered.
Ross Levinsohn (May 2012 – July 2012) – Served as interim CEO while the Yahoo board searched for a permanent replacement.
Marissa Mayer (July 2012 – ?) -Starts as CEO on Tuesday. Most recently in charge of mapping, location and local services at Google.
The big question is whether Marissa Mayer — or anyone — can help Yahoo regain its former stature?