Wednesday 18 July 2012

Will Marissa Mayer Save Yahoo Or Run It Into the Ground?

FORBES: This is only her first day on the job as CEO of Yahoo! (NASDAQ: YHOO), but Marissa Mayer is already being criticized as an unusual hire with “no real leadership experience.”

“I have to tell you, I don’t know what the Yahoo! board was thinking,” CNBC’s Herb Greenberg ranted last night. “This is a wonderful opportunity for her but this is also a remarkable challenge for someone that has no real leadership experience.”

Mayer, a former Google (NASDAQ: GOOG) executive responsible for the clean look of Google’s homepage, is an engineer and inventor credited with several patents in artificial intelligence and interface design.

Colin Gillis, the senior technology analyst at BGC Partners, told CNBC that Mayer will have “about 100 days” to prove that she is right for the job. » | Louis Bedigian, Contributor | Wednesday, July 18, 2012