Yahoo ! announced new CEO: Marissa Mayer
Yahoo! had announced Marissa Mayer (a long term Google associate) as new CEO of Yahoo!
This was a shell shocking decision to appoint her as CEO of the company when she had not spent a lot of time with the Yahoo!
Now the question in front of world would be how long she can sustain as CEO of the company considering that she would be the fifth CEO in last five years. She need to restore the energy in employees; need to remind them about their ability to innovate; repair their market image with advertisers and customers. Most importantly she need to inject the energy into the depleted work force; she have to resore the belief in the baffled workforce that are bruised by the continual layoffs.
Will she be able to do all of these, and that too with such a impatient set of Board of Directors??
-CB