Yahoo bowled a googly Monday by naming Marissa Mayer, Google’s vice president of location services, as its new chief executive.
Yahoo has had four chief executives in the past year, following its dumping of Carol Bartz in September.Then, interim chief executive Tim Morse, the company’s chief operating officer, stepped in to take over.
After Morse, Yahoo went with former PayPal executive Scott Thompson, who was subsequently sent away on a CV controversy. Yahoo then asked its head of global media, Ross Levinsohn, to be an in-charge.
Marissa Mayer, confirmed that she had resigned from Google and joining Yahoo as the CEO.
Mayer joined Google in 1999 as employee number 20 and was the first female hired. Mayer was responsible for the layout of some of Google’s most-used products, including the white search homepage, Google Search, Gmail, Google News and Google Images. In her final years with Google, she was a vice president of search products and user experience. As chief of local and location services, she had direct supervision over 1,100 managers as well as 6,000 contractors.
Mayer was named in Fortune magazine’s annual list of America’s 50 Most Powerful Women in Business in 2008, 2009, 2010 and 2011.