Yahoo CEO Marissa Mayer now mother to twins

Marissa Mayer, Yahoo’s chief executive, announced via Twitter that she gave birth to twin girls Thursday morning.

On Wednesday, Mayer was on CNBC talking about something else — the Yahoo board’s decision to keep its stake in Alibaba and spin off the core Internet business into a separate public company.

The board’s decision was in part to avoid tax complications that selling the Alibaba stake could have prompted.

But the Alibaba issue prompted activist shareholder groups to demand the company sell its core business.

A former Google executive and an engineer, Mayer, now in her fourth year as Yahoo’s CEO, has been under fire for the firm’s declining revenue growth.

The board said it was not selling the core business. Still, uncertainty swirls around the company.

The company said that it would take a year to spin out the company, but it’s possible that an acquisition could happen on a faster time table.

Likely suitors include Verizon and IAC.

Previously — before Yahoo entered this period of uncertainty — Mayer said that she would take “a limited time” off work, as she had done with the birth of her first child. To grapple with the challenge of juggling young children and a company, she said she would rely on “hard work and thoughtful prioritization.”

That provoked a discussion about tech companies and their parental leave policies, as well as whether Silicon Valley leaders should be role models, as I wrote then.

Above: Marissa Mayer, Yahoo’s CEO. (Dai Sugano/Bay Area News Group)

 

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  • sociopathic

    Congratulations! It’s a good thing, and also adds a little bit of protection for the job, under the FMLA too!

  • Creighton Sneetly

    She can name them Yahoo! and Alibaba!

  • Auld_Reekie

    Time to stay at home and look after the kids, let someone else get Yahoo out of the quagmire.

  • iyikotu

    Congratulations Marissa!!
    Sincerely,
    Zack
    https://www.kogimobile.com/

 
 
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