Monday, 31 March 2014

Marissa Mayer, The Power That Holds Yahoo!

Named as Forbes' Top 50 most powerful women is Marissa Mayer. She is the incumbent CEO of Yahoo. She started off her career in Google as the 20th employee. She worked on a good number of Google products until she became vice president of search products and user experience.

When it was time to change job, leading Yahoo was her target and she got it!

Here is some few gist about her

  • On the day Mayer was hired at Yahoo, she revealed that she was pregnant and gave birth to a baby boy on September 30, 2012.
  • Mayer launched a new online program called PB&J. PB&J 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. This effort simplify the bureaucratic process and "make the culture the best version of itself".
  •  Mayer changed Yahoo!'s maternity leave policy, lengthening its time allowance and providing a cash bonus to parents.
  •  Mayer led Yahoo! to acquire Tumblr in a 1.1 billion dollar acquisition
  • 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
  • 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. Also the youngest woman ever listed
  • Mayer dated Google co-founder Larry Page in the early 2000s.
Think you know more about her? Share in the comment box

Source: Wiki


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