HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Yahoos New Male CEO Will ... » Reply #10

Response to TheFrenchRazor (Reply #8)

Tue Mar 14, 2017, 11:02 PM

10. Mayer had just turned 37 when she became Yahoo CEO

her experience as a developer and product manager was kick ass and revolutionary, but her experience as a VP at Google was bad enough to get a demotion. A quick search pulls up tons of criticism of her management decisions at Yahoo and their board voted against giving her bonuses for the last 2 years. They had massive cyber attacks and data breaches on her watch and a bad deal when Verizon acquired a sizable portion of their assets.

Who knows what Yahoo was thinking when they hired her as CEO? They needed help and she had great product ideas at their biggest competitor. They were in bad shape and wanted someone revolutionary to turn them around. I liked her initial approach to develop new mobile apps and I've used many of them. The problem was never her technical skills or product ideas.

This article outlines a lot about the company's current situation http://venturebeat.com/2017/03/13/yahoo-hires-iac-exec-thomas-mcinerney-to-lead-altaba/

Having a CFO at the helm of this fledgling company overseeing investment decisions could be advantageous, especially since he’s someone with experience of Yahoo’s organization — McInerney has been on the board since 2012. For seven years, he’s been a CFO at IAC/InterActiveCorp, which is essentially a holding company with over 150 brands worldwide. Prior to that, he was a chief executive for IAC’s retailing division and also worked at Ticketmaster Online-CitySearch as CFO. It could be that Yahoo’s board felt that this expertise in being able to manage multiple businesses within one entity was very appealing.

McInerney sounds like a solid choice for where they are now. And it's not because he's a male. This article predicted it a year ago http://www.recode.net/2016/7/25/12270150/investors-meet-tom-mcinerney-the-director-who-is-really-running-yahoo-now

Did anyone notice that they're both white? Or nobody cares about the deep racial inequalities in the tech/business world?

I personally wanted her to succeed and invested in Yahoo after hearing she was the new CEO. I was disappointed in some of her management decisions.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Please login to view edit histories.