Tuesday 17 July 2012

New Yahoo CEO Marissa Mayer pregnant


Marissa Mayer, the Google VP tapped today to lead Yahoo, announced this evening that 
she is pregnant.
Mayer, who was a surprise choice over interim CEO Ross Levinsohn, announced on
Twitter this evening that she and her husband are expecting a boy in October.
"He's super-active," Mayer, 37, told Fortune. "He moves around a lot. My doctor says that
 he takes after his parents."

Mayer, who starts her new job at Yahoo tomorrow, expects her maternity leave to be
 brief.
"My maternity leave will be a few weeks long and I'll work throughout it," she told
Fortune.
Can Marissa Mayer save Yahoo
Marissa Mayer
(Credit: James Martin/CNET)
Her husband, Zack Bogue, is a co-founder 
of private-equity firm Montara Capital
Partners.He recently launched an 
investment fund called Data Collective.
The couple were married in December 
2009 on Treasure Island in the San 
Francisco Bay. Mayer, Google's first 
female engineer and  the No. 20 employee
 hired overall, announced  her departure
 today for the top job at struggling
 Web pioneer Yahoo. During her tenure at
the Web giant, Mayer supervised the
 fast-growing  business that proved key to 
Google's growth during the past decade.
 While Mayer served as the executive in charge of search products and user experience,
 the number of daily searches on Google exploded from a few hundred thousand to
 over a billion.
 As Yahoo's fifth CEO in five years, she will be tasked trying to re-invigorate a Web
 pioneer  that has struggled to compete for ad dollars with Google and Facebook.
During the first quarter of 2012, Yahoo posted revenue of $1.077 billion, representing
just a 1 percent increase over the year-earlier period. That relatively flat revenue figure
resulted from a 4 percent decrease in display advertising revenue and an 8 percent 
increase in search revenue.





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