Marissa Mayer Appointed as CEO of Yahoo!
This is certainly and shocking and exciting piece of news at the same time. Yahoo has been in trouble for a long time now so will Marissa be able to save them? We hope so.
The official press release announced:
Yahoo! (NASDAQ:YHOO) today announced that it has appointed Marissa Mayer as President and Chief Executive Officer and Member of the Board of Directors effective July 17, 2012. The appointment of Ms. Mayer, a leading consumer internet executive, signals a renewed focus on product innovation to drive user experience and advertising revenue for one of the world’s largest consumer internet brands, whose leading properties include Yahoo! Finance, Yahoo! Sports, Yahoo! Mobile, Yahoo! Mail, and Yahoo! Search.
Marissa then went on to say:
I am honored and delighted to lead Yahoo!, one of the internet’s premier destinations for more than 700 million users. 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.
Marissa starts work at Yahoo! tomorrow and all eyes are now going to be on her every move. It’s going to be interesting how she plans to move the company forward to success with Google being her main rival.
Ongoing Issues wish her the best of luck!