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."
Most recently, Mayer was
responsible for Local, Maps, and Location Services for Google, the company's
suite of local and geographical products including Google Maps, Google Earth,
Zagat, Street View, and local search, for desktop and mobile. Mayer joined
Google in 1999 as its 20th employee and led efforts for many of Google's most
recognizable products, including the development of its flagship search product
and iconic homepage for over 10 years. Mayer managed some of Google's most
successful innovations, launching more than 100 features and products including
image, book and product search, toolbar, iGoogle, Google News, and Gmail —
creating much of the "look and feel" of the Google user experience.
Yahoo! Co-Founder David
Filo said, "Marissa is a well-known, visionary leader in user experience
and product design and one of Silicon Valley's most exciting strategists in
technology development. I look forward to working with her to enhance Yahoo's
product offerings for our over 700 million unique monthly visitors."
"The Board of
Directors unanimously agreed that Marissa's unparalleled track record in
technology, design, and product execution makes her the right leader for Yahoo!
at this time of enormous opportunity," said Fred Amoroso, Chairman of the
Board of Directors.
Mayer received her B.S. in
Symbolic Systems and her M.S. in Computer Science from Stanford University,
specializing in artificial intelligence for both degrees. She is credited as an
inventor on several patents in artificial intelligence and interface design.
will continue to enhance our partnerships with advertisers, technology and
media companies, while inspiring and delighting our users. There is a lot to do
and I can't wait to get started," Mayer said.
Yahoo! is a
technology-powered media company, creating deeply personal digital experiences
that keep more than half a billion people connected to what matters most to
them, across devices and around the globe. Yahoo!'s unique combination of
Science + Art + Scale connects advertisers to the consumers who build their
businesses. Yahoo is headquartered in Sunnyvale, California. For more
information, visit the pressroom (pressroom.yahoo.net)
or the company's blog, Yodel Anecdotal (yodel.yahoo.com).
Marissa Mayer was most
recently Vice President of Local, Maps, and Location Services at Google where
she oversaw product management, engineering, design and strategy for the
company's suite of local and geographical products, including Google Maps,
Google Earth, Zagat, Street View, and local search, for desktop and mobile. She
also curated the Google Doodle program, celebrating special events on Google's
homepage around the world.
During her 13 years at Google,
Marissa held numerous positions, including engineer, designer, product manager,
and executive, and launched more than 100 well-known features and products. She
played an instrumental role in Google search, leading the product management
effort for more than 10 years, a period during which Google Search grew from a
few hundred thousand to well over a billion searches per day. Marissa led the
development of some of Google's most successful services including image, book
and product search, toolbar, and iGoogle, and defined such pivotal products as
Google News and Gmail. She is listed as an inventor on several patents in
artificial intelligence and interface design.
Joining as the company's
first female engineer in 1999, Marissa played an important role in developing
Google's culture. Her contributions included overseeing the look-and-feel of
the company's iconic homepage and founding the Associate Product Manager
program, which has hired over 300 of the company's future leaders and is
considered the industry's ideal standard in transforming new computer science
graduates into executive leaders.
Prior to joining Google,
Marissa worked at the UBS research lab in Zurich, Switzerland and at SRI
International in Menlo Park, California. She graduated with honors from
Stanford University with a B.S. in Symbolic Systems and a M.S. in Computer
Science. For both degrees, she specialized in artificial intelligence. While at
Stanford, she taught computer programming to more than 3000 students and
received the Centennial Teaching and Forsythe Awards for her contributions to
undergraduate education. In 2008, the Illinois Institute of Technology awarded
her an honorary doctorate of engineering.
She has been honored with
the Matrix Award by the New York Women in Communications, as a Young Global
Leader by the World Economic Forum, and as "Woman of the Year" by
Glamour magazine. For four years running, Fortune has named her one of the 50
Most Powerful Women in Business, including when at age 33 she was the youngest
woman ever included on the list.
Marissa serves on the
board of directors of Wal-Mart Stores, Inc. She is also on the board of various
non-profits, including the San Francisco Museum of Modern Art, the San
Francisco Ballet, and the New York City Ballet.
Yahoo! is the trademark
and/or registered trademark of Yahoo Inc. All other names are trademarks
and/or registered trademarks of their respective owners.