When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Tuesday, July 17, 2012

Yahoo Appoints Marissa Mayer CEO

Great news for Yahoo, Yahoo's stockholders, employees and users (as well as Marissa Mayer)--

expri.com - technology news: Yahoo! Appoints Marissa Mayer CEO!Yahoo! Appoints Marissa Mayer Chief Executive Officer--July 16, 2012--SUNNYVALE, Calif. -- Yahoo! (NASDAQ:YHOO) today announced that it has appointed Marissa Mayer as President and Chief Executive Officer and Member of the Board of Directors effective July 17, 2012. The appointment of Ms. Mayer, a leading consumer internet executive, signals a renewed focus on product innovation to drive user experience and advertising revenue for one of the world's largest consumer internet brands, whose leading properties include Yahoo! Finance, Yahoo! Sports, Yahoo! Mobile, Yahoo! Mail, and Yahoo! Search.

Mayer said, "I am honored and delighted to lead Yahoo!, one of the internet's premier destinations for more than 700 million users. I look forward to working with the Company's dedicated employees to bring innovative products, content, and personalized experiences to users and advertisers all around the world." . . . Full press release here: http://pressroom.yahoo.net/pr/ycorp/236553.aspx

Yahoo's board of directors are to be congratulated for having the vision to make this brilliant move.

    

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