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Google's Marissa Mayer Becomes Yahoo! CEO 302

Posted by Soulskill
from the joining-the-parade dept.
D H NG writes "Marissa Mayer, Google's employee #20 and Vice President of Local, has been appointed CEO of Yahoo. She was Google's public face for years, famously being responsible for the look and feel of Google's most popular products: the famously unadorned white search homepage, Gmail, Google News and Google Images. Mayer resigned from Google Monday afternoon and will begin her new job on Tuesday."
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Google's Marissa Mayer Becomes Yahoo! CEO

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  • by joeflies (529536) on Monday July 16, 2012 @06:46PM (#40667369)

    She spent her time working at a company that has a good product and a pretty solid streak of good years.

    Yahoo is stuck with lots of products that nobody wants anymore and flailing to find what to cut and what to keep. Those kinds of decisions are much more difficult that riding a rocket like Google's last decade. CEOs who turn around failing companies are not pragmatic technologists or engineers, but either cutthroats or visionaries with a killer instinct.

    • Yahoo is stuck with lots of products that nobody wants anymore

      That would explain why so many people continue to use their services.

      Seriously, this idea that Yahoo has no customers is based on nothing. They have one of the biggest photo sharing sites in the world, one of the biggest hosts for discussion groups and mailing lists, one of the largest bases of email users, etc... etc...

      Just because they aren't a darling of the tech set doesn't mean they're a tumbleweed filled wasteland.

    • either cutthroats or visionaries with a killer instinct.

      Yahoo already went trough an asshole cutthroat Bartz and a cutthroat technocrat Thompson and they still did not get very far. Mayer better be a visionary I guess.

  • I'm curious if she had a non-compete clause in her contract, and how it will all work out if she does. Any Google employees who know the details on their typical contracts?
    • Re:Non-compete? (Score:4, Insightful)

      by mpoulton (689851) on Monday July 16, 2012 @06:53PM (#40667449)

      I'm curious if she had a non-compete clause in her contract, and how it will all work out if she does. Any Google employees who know the details on their typical contracts?

      No matter what's in a typical Google contract, hers is certainly different. She was a top-level executive for some time, then one rung down the ladder. She has hundreds of millions of dollars. There's no way she agreed to disadvantageous terms.

    • Re:Non-compete? (Score:5, Informative)

      by Anonymous Coward on Monday July 16, 2012 @06:58PM (#40667493)

      Since both companies are based in California, and California forbids non-compete clauses, no such clause is applicable.

      Now she could be sued for use of trade secrets, that is, if she ever does, but just going to work for Yahoo is not illegal for her.

      • Re:Non-compete? (Score:5, Insightful)

        by micheas (231635) on Monday July 16, 2012 @07:24PM (#40667683) Homepage Journal

        IANAL but my understanding is that non-compete clauses are binding in California if you are compensated for your lost opportunities (not just your lost income, but lost business opportunities as well.).

        The compensation requirement makes enforceable non-compete clauses very rare in California

    • Re: (Score:3, Funny)

      by Anonymous Coward

      Does Yahoo compete?

    • by s73v3r (963317)

      Such clauses are not worth the paper they're written on in California. Which is a good thing, as no company should be able to have any say whatsoever on what you do after you've left their employ.

    • Doesn't matter. California is at will employment. No contract can stop you from leaving or joining another company. If she breaks other contracts such as NDA they could sue for that.

    • I wonder if employee #20 would already have such a clause in their contract and if they do, if it would be as "solid" as the current ones. Also, it could very well be the non compete tells she isn't allowed to work in a similar function to that of employee #20 at the time. I doubt the job description for employee #20 was anything resembling CEO of a large multimillion dollar company, so chances are, even if she has a non compete, it'd be worthless here.
  • by Anonymous Coward on Monday July 16, 2012 @06:48PM (#40667391)

    That is the best thing to happen to Yahoo in a long time. She's significantly more competent than the previous CEO, and has more knowledge of tech companies than the one before that. She has some serious challenges, but she could change the worst parts of culture at Yahoo (which is currently driving away top talent).

    She did a couple [wsj.com] interviews [wsj.com] lately, if you want to know more about her.

    Bio and more links here [wsj.com].

  • Wow. "Okay boss I'm done here. Bye!"

    • by micheas (231635)

      Welcome to California.

      She has been raising her public profile a lot in the last 12 months so her quitting after a couple lateral "promotions" is not really unexpected.

      The surprise is that the Yahoo board did not snag Elop for his ability to build Yahoo's partnership with Microsoft. That would have been typical Yahoo board behavior.

    • California is an "employment-at-will" state. If there is no contract of employment, then either the employer or the employee can terminate without notice or reason.

      Of course, there are laws that protect employees from unlawful dismissal, but generally the burden of proof of violation is with the employee.

  • by Anonymous Coward on Monday July 16, 2012 @06:53PM (#40667457)

    I would kindly refer everyone here to geekfeminism.org since all those sexist comments are awful, you should be better than that.

  • Good luck Marissa (Score:5, Interesting)

    by circletimessquare (444983) <circletimessquare&gmail,com> on Monday July 16, 2012 @06:55PM (#40667479) Homepage Journal

    Nobody expects Yahoo to return to its glory years, but if you can right the ship and steer it to stability, consider it a success. Aim high by shooting low.

  • by njyx (1433253) on Monday July 16, 2012 @06:57PM (#40667485) Homepage
    Lots of the press is focused on the fact she's a woman CEO - but more important is she's been one of Google's #1 product people since really early on. Hopefully it'll actually make Yahoo focus on product again and get away from the "audience" focus. Larry and Sergei probably not happy campers right now...!
    • Googlers are going to be awfully happy she's out. Larry's ex squeeze in case anyone doesn't know.

  • Prepare for major restructuring, business unit realignment, and lay-offs. Every CEO rearranges the company in their own image and Yahoo's image does not match Marissa's image and barely makes money.

    So it's time to select and find sacrafices to be offered to save your rear.
  • Born Marissa Ann Mayer May 30, 1975 (age 37) Wausau, Wisconsin, USA Residence San Francisco, Palo Alto Nationality American Alma mater Stanford University Occupation President & CEO, Yahoo! [1] Computer programming instructor, Stanford University Employer Yahoo Stanford University Board member of San Francisco Museum of Modern Art, San Francisco Ballet, New York City Ballet, and Cooper–Hewitt, National Design Museum [2] Spousehttp://en.wikipedia.org/wiki/Marissa_Mayer Zachary Bogue (2009–pre
  • "Marissa" was my Yahoo! password. Now you've gone and leaked it!
  • Two possible outcomes:
    1. As soon as she turns the ship around and brings Yahoo! above water, Google sues or acquires them as settlement for using her knowledge of Google's trade secrets.

    2. Yahoo! continues to circle the drain and she rides to the bottom, bravely staying with the ship and is barely able to console herself with the Yahoo trademarked Obscenely Huge Golden Parachute of Doom.

  • After the reorganization once Larry took over and Marissa was left with Google Local I think the writing was on the wall and she was just looking for the right opportunity .

    • She was also taken off the Operating Committee (Larry Page's inner circle) at the end of 2011. Yeah the writing was on the wall.

  • Good choice (Score:5, Interesting)

    by Stuntmonkey (557875) on Monday July 16, 2012 @08:07PM (#40668017)
    I've worked with Marissa before and admire her product focus and attention to detail. She's very sharp. The challenge for her will be working in an environment without the depth of engineering talent that Google has; she has never experienced this in her working life.
  • by HangingChad (677530) on Monday July 16, 2012 @09:06PM (#40668363) Homepage

    They'll definitely miss her distinctive laugh around the hallways I'm sure.

  • by assertation (1255714) on Tuesday July 17, 2012 @08:23AM (#40672261)

    This could be an interesting choice for many reasons.....if she succeeds with Yahoo.

    Many women can't get some jobs because companies are concerned about them getting pregnant and not being there for them. She is due in October. If she pulls off turning Yahoo around she could make a contribution toward ending that kind of discrimination.

    She could also help end the stereotype that a cute, blonde, conventionally attractive woman isn't likely to be an effective CEO.

    If she succeeds, if not she will fuel to the fire of stereotypes.

    I hope she succeeds. Yahoo used to be "the Google" back in the day. Now they seem to be stuck in mediocrity. It would be nice if she could bring some of that Google magic to Yahoo.

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