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Google's Marissa Mayer named Yahoo CEO
Palo Alto resident and Stanford University grad to head Internet-services company

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Yahoo has appointed Google executive Marissa Mayer as its new chief executive officer, the company announced today, July 16. Mayer, 37, a Palo Alto resident, will take the helm on July 17 as president, CEO and member of the board of directors.

Mayer, who has hosted President Barack Obama at her Professorville home, was hired by Google in 1999 as its 20th employee and first female engineer. She has a bachelor's degree in symbolic systems and a master's degree in computer science from Stanford University, where she specialized in artificial intelligence. She also holds an honorary doctorate from the Illinois Institute of Technology.

Mayer has managed some of Google's most successful innovations, including image, book and product search, the toolbar, iGoogle, Google News and Gmail, Yahoo noted.

Most recently she was responsible for local, mapping and location services for Google, which include Google Maps, Google Earth, Zagat, Street View and local search.

According to Forbes Magazine, Mayer will be Yahoo's seventh leader CEO since 2007. She is the fourth CEO at Yahoo this year. She takes the place of Interim CEO Ross Levinsohn, who filled in after Scott Thompson resigned in May after a scandal involving his resume inaccuracies. Thompson replaced Interim CEO and current CFO Tim Morse in January.

"I am honored and delighted to lead Yahoo, one of the Internet's premier destinations for more than 700 million users," Mayer stated in a press release. "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."

Yahoo 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."

Many industry pundits thought that longtime executive Levinsohn would be a shoo-in, but Fred Amoroso, board chairman, praised the company's choice.

"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," he said.

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Comments

Posted by Tex Avery Aooga, a resident of the Blossom Valley neighborhood, on Jul 17, 2012 at 10:40 am

I hope she does it...and keeps looking great in gowns and cocktail dresses while doing it. Has anyone seen the pictorial on The Gate? Not that its a high bar, but she's gotta be in the running for cutest CEO. That's aside from her obvious professional credentials.


Posted by juniperk, a resident of the Gemello neighborhood, on Jul 17, 2012 at 4:09 pm

well, yahoo has been on the wrong path for a while. The thinking with the board of directors is that they can't do worse than what they have done when they hired Carol Bartz and the other guy who lied on his resume. This is definitely move from bad to worse. The board of directors are clearly incompetent and they all need to resign for such a dismal performance. Marissa is going to be another Carol bartz, Carly Fiorina, Meg Whitman and clearly overrated by the nth degree. The expectations are high and the outcome is going to be so bad.


Posted by Tom, a resident of another community, on Jul 18, 2012 at 7:03 am

Kind of sad that the first couple of comments riff largely on the fact that she's a woman, by commenting on her appearance or assuming that she will be just like (paraphrasing) "all those other female CEOs".


Posted by O.G. Whizz, a resident of the Gemello neighborhood, on Jul 18, 2012 at 9:40 am

Tom, people riff on what interests them. Most really have no other interest. Since her appearance _is_ unique wrt the photos people have seen of other CEOs, male or female, so its natural. You only riffed on what other people posted. If you have other things that you feel should be discussed regarding the new CEO you're free to post it.


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