Marissa Mayer
Technology company executive
Marissa Mayer
Marissa Ann Mayer is an American business executive. As of 2013 she is the president and CEO of Yahoo!. Previously, she was a long-time executive and key spokesperson for Google. She is the youngest CEO of a Fortune 500 company, and has been ranked number 14 on the list of America's most powerful businesswomen of 2012 by Fortune magazine.
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Why Employees Should Be Allowed To Work From Home
Huffington Post - 20 days
**PLEASE REMOVE THIS HEADING AND POST ARTICLE IN HUFFINGTON POST U.S. -- THANKS!** **PLEASE REMOVE THIS HEADING AND POST ARTICLE IN HUFFINGTON POST U.S. -- THANKS!** **PLEASE REMOVE THIS HEADING AND POST ARTICLE IN HUFFINGTON POST U.S. -- THANKS!** Certain jobs will always require staff to remain at their place of work. When we go to a bar or restaurant, we need people there to serve us. When we have oral hygiene concerns, there's no better place than the dentist's office. But for many employees, the option to work from home is fast becoming more desirable -- and economical. Nearly four years ago, Yahoo CEO Marissa Mayer reversed the tech company's policy on working remotely, forcing all telecommuting employees to head back to the office. Although some industry experts came to Mayer's defense, most called the move shortsighted. Fast-forward to present day, the argument for working from home has only strengthened. And whether you're the employer or employee, the scenario is sur ...
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Huffington Post article
Yahoo pasará a llamarse Altaba tras el cierre de su acuerdo con Verizon
Wall Street Journal - about 1 month
La presidenta ejecutiva de Yahoo! Inc., Marissa Mayer, y el cofundador del grupo, David Filo, abandonarán la junta de la compañía tras completarse la venta de su negocio estratégico, momento en el que el grupo pasará a llamarse Altaba Inc, según un documento enviado a los reguladores.
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Wall Street Journal article
Yahoo to change name and lose Marissa Mayer as a board member pending sale to Verizon
LATimes - about 1 month
Yahoo Chief Executive Marissa Mayer will step down from the board of directors and the Internet giant will change its name to Altaba Inc. after the company's pending sale to Verizon closes, according to a Monday filing with the Securities and Exchange Commission. Verizon announced plans in July...
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LATimes article
Yahoo's Marissa Mayer to resign from board after Verizon deal closes
Yahoo News - about 1 month
(Reuters) - Yahoo Inc said Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc . Five other directors would also resign after the deal closes, Yahoo said in an filing on Monday. Verizon's $4.83 billion deal for Yahoo's core internet assets came under renewed scrutiny by federal investigators and lawmakers last month after Yahoo disclosed the largest known data breach in history.
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Yahoo News article
Progressive Congressman Mike Honda Ousted In Silicon Valley
Huffington Post - 3 months
Attorney Ro Khanna defeated Rep. Mike Honda (D-Calif.) in the race to represent California’s 17th District, ousting the progressive congressman from the seat he’s held for more than 15 years. Honda, first elected to Congress in 2000, ran on his legislative record, touting his work on issues such as education, income inequality and civil rights. But Khanna, a lawyer who served under President Barack Obama in the Department of Commerce, painted himself as an energetic replacement for Honda and made the congressman’s ethics probe a key issue in the campaign.  Khanna and Honda are both Democrats. Under California’s “jungle” primary system, the top two finishers in a primary advance to the general election, regardless of party affiliation. While there was little daylight between the two candidates on most issues, Honda and Khanna represented battling factions of the Democratic Party. Honda, a progressive stalwart allied with labor unions, appealed to voters as a champion of working ...
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Huffington Post article
When A Company Is Failing, Female CEOs Get Blamed More Frequently Than Men
Huffington Post - 4 months
It’s not your imagination or a just a hunch: Female chief executives are treated differently by the media than their male counterparts, a new analysis of press coverage of CEOs confirms. As you might expect, female CEOs’ personal and family lives are much more frequently the subject of articles, according to the study, an examination of news coverage of 20 chief executives ― men and women ― released Wednesday by the Rockefeller Foundation. More striking than that? The study’s authors could not find a single article written about a male CEO that mentioned family life. But perhaps most significantly, female CEOs are more often blamed when things go wrong at their company. When a company led by a woman was in crisis, 80 percent of the news stories on the situation cited the CEO as a source of the problem, according to Rockefeller’s analysis. When a man was running the company in crisis, stories only blamed him 31 percent of the time. That’s a huge difference and it’s no ...
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Huffington Post article
Yahoo rakes in profits as it prepares for Verizon deal
Yahoo News - 4 months
Yahoo's quarterly profits shot up by more than double to $163 million even as it prepares for a takeover by Verizon. The faded internet pioneer skipped its usual quarterly earnings call with analysts due to the pending takeover by the US telecommunication company, for which chief executive Marissa Mayer said Yahoo is busy preparing despite recent revelations about a major data breach that may affect the deal. Shares were up 1.49 percent to $42.30 in after-market trades following the earnings report release, reflecting confidence the breach is not prompting a significant number of users to abandon Yahoo.
Article Link:
Yahoo News article
What the Recent Yahoo Hack Really Means for You
Huffington Post - 4 months
There has been a lot of talk about Yahoo being "the anti-Apple" when it comes to consumer privacy following last week's news about a government order granting access to Yahoo Mail. Regardless of what happened there -- and it is far from clear -- recent reports underscore the need for more consumer awareness about best privacy practices. What's Going Around It's definitely been a bad news month for Yahoo starting with the revelation, on September 22, that 500 million Yahoo users had been compromised in 2015, in what was purported to be a Russia-sponsored attack. The news came as Yahoo was entering into final negotiations to be bought by Verizon, and there were reports that the latter subsequently tried to knock a billion dollars off the $4.8 billion offer. So the pump was primed, as it were, when a second Yahoo news story broke. Without getting lost in the specifics, Reuters reported that Yahoo had rolled over on a government request for data, citing three anonymous sources with ...
Article Link:
Huffington Post article
Yahoo Dodges Questions On Hacking, Verizon Deal By Canceling Earnings Call
Huffington Post - 4 months
Yahoo would rather not face questions from financial analysts about whether its massive email hack could derail the company’s $4.8 billion acquisition by Verizon. The internet company announced Friday that it will not hold the customary conference call after it releases its third-quarter earnings next week “due to the pending transaction with Verizon.” Verizon announced in July that it had agreed to buy Yahoo for $4.8 billion. (Verizon also owns AOL, The Huffington Post’s parent company.) The New York Post reported last week that Verizon wanted to cut $1 billion off the acquisition price due to the hack. Verizon denied the report.  In late September, a little less than two months after the deal was announced, Yahoo admitted that at least 500 million of its email accounts had been hacked in 2014. The company claims the culprit is a “state-sponsored hacker.”  Yahoo CEO Marissa Mayer detailed the hack on a phone call with Verizon CEO Lowell McAdam and other executives at the ...
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Huffington Post article
Lawsuit claims Yahoo job reviews discriminated against men
Yahoo News - 5 months
By Deborah M. Todd San Francisco (Reuters) - A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally, court papers showed. Scott Ard, a former senior editorial director at Yahoo, filed the lawsuit in California's Northern District Court in San Jose on Tuesday, saying the company violated federal civil rights and employment regulations. Yahoo spokeswoman Carolyn Clark said in a statement that the lawsuit had no merit and called the performance review process "fair." The lawsuit is the second this year accusing Yahoo of discrimination against men, and targets one of the highest-profile Silicon Valley female executives, Mayer, who is in the middle of divesting Yahoo's core assets after failing to turn the company around.
Article Link:
Yahoo News article
Lawsuit: Yahoo CEO tried to get rid of male employees - CNBC
Google News - 5 months
CNBC Lawsuit: Yahoo CEO tried to get rid of male employees CNBC Yahoo CEO Marissa Mayer led a secret campaign to purge the company of male employees, according to a lawsuit filed in San Jose District Court this week. Scott Ard, a media executive who worked for Yahoo for about three and a half years until he was ... Yahoo's Mayer sued for allegedly forcing out male employeesCNET Yahoo hit with another lawsuit claiming anti-male discriminationArs Technica Silicon Valley bro sues Yahoo for reverse discriminationEngadget U.S. News & World Report -The News Journal -Daily Caller -Fortune all 46 news articles »
Article Link:
Google News article
What to Make of Yahoo's Email-Scanning Allegations - Fortune
Google News - 5 months
Fortune What to Make of Yahoo's Email-Scanning Allegations Fortune Hold your horses, everyone. Yahoo built a system to scan user emails at the behest of U.S. intelligence agencies, according to a Reuters report on Tuesday. The company reportedly built the spy tool last year after Yahoo CEO Marissa Mayer and other ... Yahoo: An Innocent Victim Or A Government Stooge?Forbes American companies enable NSA surveillanceChicago Tribune Yahoo says email scanning report is 'misleading'BBC News Washington Times -Los Angeles Times -USA TODAY -CNET all 346 news articles »
Article Link:
Google News article
Learn about memorable moments in the evolution of Marissa Mayer
  • 2016
    Age 40
    In March 2016, in contrast, Fortune named Mayer as one of the world's most disappointing leaders.
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    In March 2016 Fortune would name Mayer as one of the world's most disappointing leaders.
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    In May 2016, it was revealed that Mayer would receive $55 million if she is terminated without cause within one year of Yahoo's sale.
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    In February 2016, Mayer confirmed that Yahoo is considering the possibility of selling its core business.
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  • 2015
    Age 39
    On December 10, 2015, Mayer announced that she had given birth to identical twin girls, Marielle and Sylvana.
    More Details Hide Details Mayer is Lutheran, but said, referencing Vince Lombardi's "Your God, your family and the Green Bay Packers" quote, her priorities are "God, family and Yahoo, except I'm not that religious, so it's really family and Yahoo." Since 2008, Mayer has lived in the 38th-floor penthouse suite at the Four Seasons Hotel in San Francisco.
    On 24 December 2015, Mayer was listed by UK-based company Richtopia at number 14 in the list of 500 Most Influential CEO's.
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    Scott Ard, a prominent editorial director, fired from Yahoo in 2015 has filed a lawsuit accusing Mayer of leading a sexist campaign to purge male employees.
    More Details Hide Details Ard, a male employee, stated “Mayer encouraged and fostered the use of (an employee performance-rating system) to accommodate management’s subjective biases and personal opinions, to the detriment of Yahoo’s male employees,”. In the suit Ard claimed prior to his firing, he had received "fully satisfactory" performance reviews since starting at the company in 2011 as head of editorial programming for Yahoo's home page, however, he was relieved of his role that was given to a woman who had been recently hired.
    In December 2015, the New York-based hedge fund SpringOwl, a shareholder in Yahoo Inc., released a statement arguing that Mayer be replaced as CEO.
    More Details Hide Details Starboard Value, an activist investing firm that owns a stake in Yahoo, likewise wrote a scathing letter regarding Mayer's performance at Yahoo. By January 2016, it was further estimated that Yahoo's core business has been worth less than zero dollars for the past few quarters.
  • 2014
    Age 38
    A second sexual discrimination lawsuit was filed separately by Gregory Anderson, who was fired in 2014, alleging the company’s performance management system was arbitrary and unfair, making it the second sexism lawsuit Yahoo and Meyer has faced in 2016.
    More Details Hide Details As well as sitting on the boards of directors of Walmart, Jawbone, and Yahoo! Mayer also sits on several non-profit boards such as Cooper–Hewitt, National Design Museum, New York City Ballet, San Francisco Ballet, and San Francisco Museum of Modern Art. Mayer actively invests in technology companies, including crowd-sourced design retailer Minted, live video platform Airtime, wireless power startup uBeam, online DIY community/e-commerce company Brit + Co., mobile payments processor Square, home décor site One Kings Lane, genetic testing company Natera, and nootropics and biohacking company Nootrobox. Mayer was named to Fortune magazine's annual list of America's 50 Most Powerful Women in Business in 2008, 2009, 2010, 2011, 2012 and 2013 with ranks at 50, 44, 42, 38, 14 and 8 respectively. In 2008, at age 33, she was the youngest woman ever listed. Mayer was named one of Glamour Magazines Women of the Year in 2009. She was listed in Forbes Magazine's List of The World's 100 Most Powerful Women in 2012, 2013 and 2014, with ranks of 20, 32 and 18 respectively. In September 2013, Mayer became the first CEO of a Fortune 500 company to be featured in a Vogue magazine spread. In 2013, she was also named in the Time 100 and became the first woman listed as number one on Fortune magazine's annual list of the top 40 business stars under 40 years old.
    In 2014, Mayer was heavily criticized for many of her management decisions in articles by The New York Times and The New Yorker.
    More Details Hide Details Yahoo! stocks continued to fall by more than 30% throughout 2015, while 12 key executives left the company.
    In 2014, Mayer was ranked sixth on Fortunes 40 under 40 list, and was ranked the 16th most-powerful businesswoman in the world that year according to the same publication.
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  • 2013
    Age 37
    In November 2013, Mayer instituted a performance review system based on a bell curve ranking of employees, suggesting that managers rank their employees on a bell curve, with those at the low end being fired.
    More Details Hide Details Employees complained that some managers were viewing the process as mandatory. In February 2016, a former Yahoo employee filed a lawsuit against the company claiming that Yahoo's firing practices have violated California law.
    In September 2013, it was reported that the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment.
    More Details Hide Details However, much of this growth may be attributed to Yahoo's stake in the Chinese e-commerce company Alibaba Group, which was acquired before Mayer's tenure.
    On May 20, 2013, Mayer led Yahoo! to acquire Tumblr in a $1.1 billion acquisition.
    More Details Hide Details In February 2016, Yahoo acknowledged that the value of Tumblr has fallen by $230 million since it was acquired. In July 2013, Yahoo! reported a fall in revenues, but a rise in profits compared with the same period in the previous year. Reaction on Wall Street was muted, with shares falling 1.7%.
    In April 2013, Mayer changed Yahoo!'s maternity leave policy, lengthening its time allowance and providing a cash bonus to parents.
    More Details Hide Details CNN noted this was in line with other Silicon Valley companies, such as Facebook and Google. Mayer has been criticized for many of her management decisions in pieces by The New York Times and The New Yorker.
    In February 2013, Mayer oversaw a major personnel policy change at Yahoo! that required all remote-working employees to convert to in-office roles.
    More Details Hide Details Having worked from home toward the end of her pregnancy, Mayer returned to work after giving birth to a boy, and had a nursery built next to her office suite—Mayer was consequently criticized for the telecommuting ban.
  • 2012
    Age 36
    On the day Yahoo announced her hiring, Mayer revealed that she was pregnant; she gave birth to a baby boy on September 30, 2012.
    More Details Hide Details Although she asked for suggestions via social media, the name Macallister was eventually chosen for her baby's name from an existing list.
    On July 16, 2012, Mayer was appointed President and CEO of Yahoo!, effective the following day.
    More Details Hide Details She is also a member of the company's board of directors. To simplify the bureaucratic process and "make the culture the best version of itself", Mayer launched a new online program called PB&J. It collects employee complaints, as well as their votes on problems in the office; if a problem generates at least 50 votes, online management automatically investigates the matter.
  • 2011
    Age 35
    In 2011, she secured Google's acquisition of survey site Zagat for $125 million.
    More Details Hide Details While Mayer was working at Google, she taught introductory computer programming at Stanford and mentored students at the East Palo Alto Charter School. She was awarded the Centennial Teaching Award and the Forsythe Award from Stanford.
  • 2010
    Age 34
    Mayer was the Vice President of Google Product Search until the end of 2010, when she was demoted by then-CEO Eric Schmidt to head the Local, Maps, and Location Services.
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  • 2009
    Age 33
    Mayer married lawyer and investor Zachary Bogue on December 12, 2009.
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  • 2005
    Age 29
    In 2005 she became Vice President of Search Products and User Experience.
    More Details Hide Details Mayer held key roles in Google Search, Google Images, Google News, Google Maps, Google Books, Google Product Search, Google Toolbar, iGoogle, and Gmail.
  • 2002
    Age 26
    In 2002, Mayer started the Associate Product Manager (APM) program, a Google mentorship program aimed to recruit new talents and cultivate and train them for leadership roles within the company.
    More Details Hide Details Each year, Mayer selected a number of junior employees for the two-year program, which would see them take on a number of extracurricular assignments and intensive evening classes. Notable graduates of the program include Bret Taylor and Justin Rosenstein.
  • 1999
    Age 23
    She joined Google in 1999 as employee number 20 and was the company's first female engineer.
    More Details Hide Details She started out writing code and overseeing small teams of engineers, developing and designing Google's search offerings. She became known for her attention to detail which helped land her a promotion to product manager, and later became Director of Consumer Web products. She oversaw the layout of Google's well-known, unadorned search homepage. She was also on the three-person team responsible for Google AdWords, which is an algorithm used by advertisers to get insight into the products consumers want. AdWords helped deliver 96% of the company's revenue in the first quarter of 2011.
  • 1997
    Age 21
    Mayer went on to graduate with honors from Stanford with a BS in symbolic systems in 1997 and an MS in computer science in 1999.
    More Details Hide Details For both degrees, her specialization was in artificial intelligence. For her undergraduate thesis, she built travel-recommendation software that advised users in natural-sounding human language. In 2009, the Illinois Institute of Technology granted Mayer an honoris causa doctorate degree in recognition of her work in the field of search. Mayer interned at SRI International in Menlo Park, California, and Ubilab, UBS's research lab based in Zurich, Switzerland. She holds several patents in artificial intelligence and interface design. After graduating from Stanford, Mayer received 14 job offers, including a teaching job at Carnegie Mellon University and a consulting job at McKinsey & Company.
  • 1993
    Age 17
    After graduating from high school in 1993, Mayer was selected by Tommy Thompson, then the Governor of Wisconsin, as one of the state's two delegates to attend the National Youth Science Camp in West Virginia.
    More Details Hide Details Intending to become a pediatric neurosurgeon, Mayer took pre-med classes at Stanford University. She later switched her major from pediatric neuroscience to symbolic systems, a major which combined philosophy, cognitive psychology, linguistics, and computer science. At Stanford, she danced in the university ballet's Nutcracker, was a member of parliamentary debate, volunteered at children's hospitals, and helped bring computer science education to Bermuda's schools. During her junior year, she taught a class in symbolic systems, with Eric S. Roberts as her supervisor. The class was so well received by students that Roberts asked Mayer to teach another class over the summer.
  • 1975
    Born on May 30, 1975.
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