Marissa Mayer becomes Yahoo CEO

posted onJuly 17, 2012
by l33tdawg
http://en.wikipedia.org/wiki/Marissa_Mayer
Credit: http://en.wikipedia.org/wiki/Marissa_Mayer

Marissa Mayer, one of the most well-known and longest-tenured employees of Google, resigned from Google today. She will take over as CEO of Yahoo tomorrow, the New York Times and other outlets are reporting.

The struggles of Yahoo are well documented. The company lost the search market to Google many years ago, and things became worse in May when then-CEO Scott Thompson was forced out of the company because he lied about having a computer science degree. The 37-year-old Mayer—who is an engineer, Google's twentieth employee, and one of the most powerful women in the technology industry—will try to bring some much-needed stability to her former rival.

Mayer was vice president of search products and user experience at Google between 2005 and 2010. Most recently, she was vice president of local, maps, and location services. Mayer also serves on Walmart's board of directors and will join the Yahoo board in addition to serving as CEO.

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