Tuesday, 17 July 2012

Yahoo picks Google’s Marissa Mayor as its new CEO

                     Yahoo, once an internet powerhouse, is having a terrible fall back in internet business. They are struggling a lot to regain their lost glory, so to turn around this unfavorable condition they picked Google’s Marissa Mayor, who is an engineer with established Silicon Valley credentials, to become its brand new CEO.

                The 37 year old Marissa Mayor has edged out the acting Chief Executive and front runner Ross Levinsohn to become Yahoo’s third CEO in a year only. Yahoo is trying hard to accumulate their eternal glory. Mayor hopes to stop losses to the other internet powerhouses like Google and Facebook, which eventually her high profile predecessors have failed to do.

                  Experts are saying that Yahoo is now likely to renew its main focus on the web technology and products rather than beefing up the online contents. The hiring of Ex Google employee as its CEO is the primary step to it.

                   Mayer is one of the oldest employees of Google. Eventually she was the very first female engineer of Google and she led a number of its business, and also was credited for envisioning the clean, simple Google search interface, which is still very much in use today, a major selling point for the web surfers.

                   She was also known for her interest and love for fashion and a regular in top rated society pages, she joins the extremely thin ranks of female Silicon Valley CEOs. She also told that she was immediately very much interested in Yahoo’s proposal, when the board of Yahoo approached her in mid-June.

                    “This is a very competitive and a tough space. I don’t think that success is by any means guaranteed. My focus is always end users, great technology and terrific talent.” She said. May be this move will help Yahoo to regain its place as the internet powerhouse.


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