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Google's loss is Yahoo's gain

In what seems like an ever-revolving door of new CEOs, Yahoo appears to have landed a winner with its latest chief executive. Yahoo today announced that it snagged a high-profile executive from Google: 37-year-old Marissa Mayer. Mayer was one of the first females hired at Google way back in 1999 (she was the 20th employee hired), and rose to the position of Vice President of Local, Maps and Location Services.
 
As President and CEO of Yahoo, Mayer will be in charge of reviving/expanding the site's many properties including Yahoo! Finance, Yahoo! Sports, Yahoo! Mail, and Yahoo! Search.
 
"I am honored and delighted to lead Yahoo!, one of the internet's premier destinations for more than 700 million users," said Mayer. "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."

According to a report from the New York Times, Mayer resigned this afternoon from Google via telephone. Her first day at Yahoo begins tomorrow.


Marissa Mayer was one of Google's first employees, and the first female engineer. She served the company for 13 years. [Image source: Newsweek]
  
Yahoo's last CEO, Scott Thompson, stepped down in May after controversy surrounding his college degree were brought to light. Yahoo is quick to point out that Mayer has a B.S. in Symbolic Systems and a M.S. in Computer Science from Stanford University.

Sources: Yahoo, New York Times



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Wow
By Florinator on 7/16/2012 5:27:43 PM , Rating: 5
Super-hot and super-smart... damn! Why do I feel the urge to work for Yahoo all of a sudden?




RE: Wow
By xti on 7/16/12, Rating: 0
RE: Wow
By xti on 7/16/12, Rating: 0
RE: Wow
By AMDftw on 7/17/12, Rating: 0
RE: Wow
By amanojaku on 7/16/2012 6:08:35 PM , Rating: 5
I would like a position directly under her.


RE: Wow
By Ramstark on 7/16/2012 6:53:12 PM , Rating: 2
+6 for this comment please! I LOLed so hard until I noticed that urge too ... xD


RE: Wow
By jeffkro on 7/16/2012 7:17:49 PM , Rating: 3
"I would like a position directly under her."

I don't know she has to have some serious balls to take yahoo on. Most likely the company isn't going to turn around and her chances of ever getting another CEO position will be about zero.


RE: Wow
By EricMartello on 7/16/2012 8:29:41 PM , Rating: 2
So you're saying she's a ladyboy?


RE: Wow
By wordsworm on 7/16/2012 9:31:55 PM , Rating: 2
No. He's saying that a company with an internationally recognized brand name and 700 million regular users will never improve their fortunes by having a beautiful and incredibly successful executive run the company despite the fact that she moved from Google where she was instrumental in designing the search engine that brought Google to the forefront of the Internet.


RE: Wow
By jeffkro on 7/16/2012 9:56:40 PM , Rating: 2
Yup, I was one of those customers. Have been moving feature for feature over to google ever since.

PS - I don't like monopolies so I would like to see her turn yahoo around.


RE: Wow
By Samus on 7/16/2012 10:42:24 PM , Rating: 2
Sorry boys, she is married.


RE: Wow
By christojojo on 7/17/2012 4:36:00 AM , Rating: 1
Like marriage ever stopped the "alpha dog" from ever trying out what ever he or she wanted


RE: Wow
By MrBlastman on 7/17/2012 10:59:01 AM , Rating: 2
If you mess with a married woman, be prepared to accept the ultimate consequences that could befall you from the jilted husband.


RE: Wow
By Samus on 7/18/2012 12:12:03 AM , Rating: 2
She is also 6 months pregnant.


RE: Wow
By christojojo on 8/20/2012 2:11:24 PM , Rating: 2
Still doesnt mean she wouldn't cheat.


RE: Wow
By EricMartello on 7/17/12, Rating: 0
RE: Wow
By wordsworm on 7/17/12, Rating: 0
RE: Wow
By amanojaku on 7/17/2012 10:13:44 AM , Rating: 4
quote:
There are a lot of juvenile comments whenever a woman takes on a CEO role. It doesn't matter if she's attractive or unattractive. The important thing is whether or not she can improve on the vision, leadership, and direction of Yahoo's executive branch.
And yet, you opened your post with this:
quote:
She's not that good looking. There are plenty of high end escorts who would cost a lot less than the average CEO's salary and have her on looks to boot.
You commented on her looks AND compared her to a hooker: HYPOCRITE!!!

It's only natural that guys would comment on an attractive woman's looks. We don't know anything about her as a professional or as a person. She's not an executive rock star like Steve Ballmer or Steve Jobs, she doesn't have paparazzi uploading videos of her jumping around on stage all sweaty (nom, nom, nom), or publishing her douchey emails to customers. A year from now we'll know if she's more than just cute.


RE: Wow
By wordsworm on 7/17/2012 9:12:08 PM , Rating: 2
I said she's not good looking enough to make it to the top of a company like Yahoo by sleeping with people. I also used the word escort, not hooker.

We already know that she's more than cute. She was a major part of Google. What remains to be seen is how she handles the role of CEO.


RE: Wow
By EricMartello on 7/17/2012 4:38:00 PM , Rating: 2
quote:
Yahoo might not be where it was a few years ago, but it still receives 94 million visitors a day (averaged for 2011). Facebook and Google are the only two companies who receive more visitors. Being third is not as good as being first, but it's still very healthy.


Traffic alone does not determine a site's health, especially if the traffic is not earning a proportionate revenue. A LOT of people rely on yahoo for its FREE email service. Yahoo also has deals which redirect traffic from other low-tier sites to its own, but on its own Yahoo doesn't really offer any unique experience. What do they have besides email that is actually useful and unique to Yahoo? Nothing. All they really have is a bunch of special interest columns written for and edited by dipsh1ts that struggle to churn out articles on a 3rd grade level.

Yahoo.com is a generic portal; what made yahoo popular back in the day was its human-edited search engine. That is/was something unique at the time. Today it's outsourcing its searches to bing, and bing sends is queries to google.

This chick got the position either because she screwed someone over and this is her "punishment", or she willingly accepted it because she has something to prove. Neither reason is really great.


RE: Wow
By wordsworm on 7/17/2012 10:47:20 PM , Rating: 2
Yahoo is the generic search engine because they set the standard that the others followed and emulated. While they are not the 'it' darling it was, it is still a major part of the Internet.

Here's another way to look at the situation: Google has been shutting down their more innovative employee activity allowance as well as some of their research labs. Perhaps the Google that did these things was the Google that she loved. I don't really know, but if I was working at Google, I could see myself being upset by that move.

Jerry Yang, former CEO, was an awesome CEO. He managed to resist MS's attempt to buy it. He did that by protecting his employees by demanding that MS have limited abilities should it take over. Now, it's still an independent presence on the Internet with one of the most recognizable brands in the world. Yahoo is still huge, and can regain its former stature by gaining vision and direction. Whether or not she can deliver that is the question. The former CEO did a good job of turning Yahoo into a profitable and stable company. Now it's time to see where Yahoo will go.

I miss Yahoo's music service, but I still use their RSS feeds as my main page. I also recently used their Messenger software, and found it was still useful and stable. I would like to see them go somewhere unpredictable and unique. She was a major part of what made Google great. Now it's time to see what role she'll play at Yahoo.

She might have a pretty face, but a pretty face is not going to make you CEO of Yahoo.


RE: Wow
By EricMartello on 7/18/2012 4:16:33 AM , Rating: 2
Yahoo, as a brand, still has a familiarity...but what do you think most people are associating with that brand? When you mention Facebook to the average person, they most likely think of their "friends" and those flash-based games that they play while they're at work. Google, as a brand, is the go-to place for searching and research...but what is Yahoo? I'd say that for most people it is free email and to a lesser extent messenger.

Yahoo may have been among the first search engines, but being the first doesn't necessarily make you the best or guarantee longevity. If you create a model that works, others are going to copy it and improve upon it. Many will fail in that task, but eventually someone will hit it big and you'll be knocked off your perch. As it stands today, Yahoo has no stand-out offerings that I would say are "killer apps".

What would need to be done at yahoo to make it cool again? I'm drawing a blank on that one.


RE: Wow
By christojojo on 7/17/2012 4:45:25 AM , Rating: 1
quote:
According to a report from the New York Times, Mayer resigned this afternoon from Google via telephone. Her first day at Yahoo begins tomorrow.


Seems to me alack of professional courtesy. You leave a corporation without notice and start with a competitor (what's left of one at least), If you or I did that the company we are with would have our hide. Let alone leaving them high and dry without warning.


RE: Wow
By bah12 on 7/17/2012 10:23:17 AM , Rating: 1
quote:
If you or I did that the company we are with would have our hide.
How exactly would they "have your hide"? There is nothing they can do about it, and being the 20th employee I'd assume she has some healthy stock options. Fact is there isn't dick they can do.


RE: Wow
By theapparition on 7/17/2012 10:49:36 AM , Rating: 2
Not quite.

While most states have "right to work" laws, meaning that you can resign at any point without notice (or that the company can terminate you at any time), I'd bet there is a non-compete contract in there somewhere.

I highly doubt a company like Google doesn't have their executives under a non-compete and intellectual property agreements. Extra contracts like that are legal and enforceable.


RE: Wow
By bah12 on 7/17/2012 3:54:10 PM , Rating: 2
They are, and if she was on one for sure they would implement it. Outside of that though they don't have any recourse. My bet is she wasn't on one, as companies with only 20 employees rarely think they are going to hit it big and need a no compete.


RE: Wow
By kattanna on 7/17/2012 10:57:31 AM , Rating: 2
quote:
Seems to me alack of professional courtesy. You leave a corporation without notice and start with a competitor (what's left of one at least)


and who says google is not 100% behind this move?

what a better way to finish off competition by having a long running loyal employee "suddenly" becoming their CEO?

its entirely possible google WANTS her to be there, for their own purposes


RE: Wow
By Argon18 on 7/17/2012 2:11:57 PM , Rating: 2
Huh? How would they "have our hide"? Most states are employment-at-will states, where a business can fire an employee at any time, without warning, and likewise, you have the legal right to up and leave at any time, without warning.

It's polite to give some notice, but it's perfectly legal not to as well.

The only exception to this, is if you've signed an employment contract that obligates you to work for them for a period of time. If you quit before that time has been served, you are in breach of contract.


RE: Wow
By MrBungle123 on 7/16/2012 9:13:34 PM , Rating: 2
Im more of an over achiever and would like to try a variety of positions, one is great but can get a bit boring when its the same thing over and over again.


RE: Wow
By Brandon Hill (blog) on 7/17/2012 2:24:36 AM , Rating: 2
Might be difficult since she's preggers...

http://www.businessinsider.com/new-yahoo-ceo-maris...


RE: Wow
By amanojaku on 7/17/2012 9:02:25 AM , Rating: 3
So, all of the slots she had available have been filled...


RE: Wow
By theapparition on 7/17/2012 10:50:57 AM , Rating: 2
You're on a roll today. :)


RE: Wow
By Manch on 7/17/2012 11:49:18 AM , Rating: 2
I would love to see her yahoo! face!


Fix...
By MrBlastman on 7/16/2012 5:25:22 PM , Rating: 5
Yahoo Finance?

It was never broken. It is the one piece of Yahoo that is perfect and works great.




RE: Fix...
By Jedi2155 on 7/16/2012 5:44:08 PM , Rating: 4
Other than the hack attempts, I think Yahoo! Mail still working quite nicely.


RE: Fix...
By someguy123 on 7/16/2012 6:13:19 PM , Rating: 2
The front page and top bar of yahoo mail is a waste of bandwidth in my opinion, as well as the "applications". It's especially redundant if you go through yahoo's main page before entering email.

Cut it down, keep it clean and it would be more efficient and appealing.


RE: Fix...
By Kefner on 7/16/2012 7:58:56 PM , Rating: 2
And stop charging for POP3 access. (Unless they have stopped this, haven't checked in quite awhile.)


RE: Fix...
By Stevethewalrus on 7/17/2012 12:44:25 AM , Rating: 3
Last time I checked they still did in the US, which is ridiculous IMO, considering no one else I can think of does


RE: Fix...
By Jedi2155 on 7/20/2012 1:40:55 PM , Rating: 2
Well, at least they have good integration with Android. I just type in my email and voila! It works just as well as Gmail on my phone.


RE: Fix...
By MZperX on 7/18/2012 12:09:09 PM , Rating: 2
I came here to post this. Yahoo Finance is an excellent service. I hope if they tweak it they won't break it.


wow
By Asrafil on 7/16/2012 6:17:05 PM , Rating: 5
Dammm she is beautifull...




RE: wow
By nofear4COMment on 7/16/2012 7:08:06 PM , Rating: 1
Yeah! ... Looks at that HOURGLASS is Knocking your TOOTH out.


Article summary:
By Motoman on 7/16/2012 6:49:06 PM , Rating: 4
quote:
blah blah blah smoking hot blonde chick blah blah blah.




Nice figure
By sh3rules on 7/17/2012 6:42:52 AM , Rating: 3
I wish more women would look after themselves.




Nothing insightful, at all?
By michael2k on 7/16/2012 7:55:50 PM , Rating: 2
Yahoo! has plenty of opportunities, still, especially if they can align themselves with other powerhouses. Tackling Google head on in Search is a bad idea, but partnering with FaceBook to power FaceBook email, for example, wouldn't be.

The real problem is that Yahoo! has to acknowledge it's own set of strengths; it's ability to write software as a service, and then utilize it. They might have to move to Amazon as a HW platform instead of using their own (and if they grow big enough, of course, go back to DIY to minimize costs), or possibly Windows Azure if they provide better bang for the buck.

Of course if they really are going to become great software as a service, they need to translate them into apps and get them preloaded onto phones and tablets!




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