Top Google Exec Is Yahoo's New CEO

Article by George Norman (Cybersecurity Editor)

on 17 Jul 2012

You may know Marissa Mayer as the first woman engineer to join Google’s team back in 1999, or perhaps as the woman who held the position of Vice President of Search Products & User Experience with Mountain View-based search engine giant. As of this month, you will know her as the CEO of Yahoo!.

On Monday, July the 16th, Marissa Mayer announced that she will leave Google in favor of Yahoo!. She will step down from her top position with Google to become Yahoo!’s Chief Executive Officer. This is certainly encouraging news for Yahoo! – Mayer is after all known for having overseen some of Google’s iconic products, like Gmail and Google Maps. With Mayer at the helm, Yahoo! may find the turnaround it was looking for.

The previous Yahoo! CEO was 54-year-old New Englander Scott Thompson. Appointed in January after a 4-month long search, he stepped down in May after a fabricated credentials scandal. In his resume it said that he had a dual accounting and computer science degree from Stonehill College, a private college in Massachusetts. But in a letter sent to the Board of Directors by Third Point CEO Daniel Loeb, it says that Thompson did not get a degree in accounting and computer science and that at the time Thompson went to Stonehill College, the institution did not offer a computer science degree.

Carol Bartz held the position of CEO before Scott Thompson. She took over as CEO in 2009, after Yahoo! founder Jerry Yang stepped down. But things turned sour and in the autumn of 2011 she was fired over the phone by Yahoo!s Board of Directors.

Getting back to Marissa Mayer, she is Yahoo!’s fifth CEO in five years. The four CEO’s that preceded Mayer were Terry Semel, Jerry Yang, Carol Bartz, and Scott Thompson.



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