Marissa Mayer wants ‘CEO’ atop her resume again after end of Yahoo, but Uber silent so far: report

As the public face of Yahoo when the firm was swirling down into an abyss of scandal and vanishing market share, the former firm’s former CEO Marissa Mayer received a lion’s share of the blame.

Mayer was roasted in 2015 by activist investor Eric Jackson for “$10 billion in misallocated capital.” Amid Yahoo’s tumultuous $4.5 billion sale to Verizon, which closed in June, responsibility for record-setting hacks of users’ personal data was laid at Mayer’s door, with the Yahoo board slashing her compensation by $12 million.

Mayer had been hired at Yahoo in 2012, the fourth CEO in as many years. She was tasked with reviving the floundering company that had seen Google take on the role of universal search engine. She failed to pull Yahoo back up.

Whether Mayer was to blame for Yahoo’s ultimate demise, or whether Yahoo was a terminal case and impossible to revive had been a matter of much public debate and speculation.

That’s now a question of critical importance for Mayer. But what matters now is not whether the public believes her guilty of dragging Yahoo to the ground, or whether Jackson thinks she wasted too much money as the firm’s CEO. What matters are the views among leadership at major companies where she’s likely to apply for the top job.

“She definitely wants another CEO role again and does not want to become a full-time investor,” Business Insider reported, after interviewing Mayer on July 18 at a Colorado conference.

Naturally, with the departure of Travis Kalanick as Uber’s CEO, there’s been talk of Mayer filling that role.

Mayer declined to tell Business Insider if she’s interested in that job, but she said Uber has not contacted her about it.

 

Photo: Former Yahoo CEO Marissa Mayer in 2015 (AP Photo/Eric Risberg)

 

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  • tocodb

    So many people could have done so much more with much less than what was ‘given’ to her. No more of your token oligarchy.

  • ocean9

    Only a fool will hire a failed company’s CEO as a CEO. If a CEO cannot save a company on the verge of bankruptcy, then he/she is not worth a penny. Although, an US cooperate is doing that frequently after a person got into the close-knit good old boy club, but it shouldn’t have.

 
 
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