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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