Marissa Mayer is Yahoo!'s new CEO

Marissa Mayer, employee number 20 at Google and the company's first female engineer, has resigned from her professional home of the last 13 years to take on the role of President and CEO of search engine rival Yahoo!, reports The New York Times.

The unexpected announcement came on Monday, the day Mayer reportedly resigned over the telephone from Google. She will start her new position at Yahoo! on Tuesday. In addition to serving as the new President and CEO of the company, she will join Yahoo!'s board. Earlier this year, Mayer took her first board position at a public company, Wal-Mart, in April.

Mayer was one of Google's top executives, recently responsible for products like Google Maps, Google Earth, Street View, and more, as well as overseeing more than 1,100 managers and approximately 6,000 contractors. In the past, she managed Google Search for years, and led development on other products such as iGoogle, Google News and Gmail.

Mayer said in a statement: "I am honored and delighted to lead Yahoo!, one of the Internet's premier destinations for more than 700 million users.  I look forward to working with the Company's dedicated employees to bring innovative products, content, and personalized experiences to users and advertisers all around the world."

Source: The New York Times

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You know... it would hurt very badly if the chairmen fired Marissa in less than a year , and how things have been going lately, I see this entirely possible.

Breaking news: Yahoo announced that Marissa Mayer, formerly of Google, has agreed to become their next ex-CEO...

As long as she can give the company direction... and she appears in some advertising for Yahoo, they could make somewhat of a comeback. Also shed some of the dead weight at the company because I am sure there is a decent amount that really doesn't pull its weight.

I met her on a conference in San Jose in 2002. She is as smart as she is cute.
I am glad she got this position. She'll do well.

um she is wow.......

yes yahoo now has one of the best looking ceos. I think people will use yahooo search to seach for her and fap. might gain a small market share back

fmanchu said,
Yay finally someone from my town makes it big!

How was she not big when she was at Google? She helped Larry and Sergey get where they are today!

Majesticmerc said,

How was she not big when she was at Google? She helped Larry and Sergey get where they are today!

That is a valid point.

sorlag said,

Give that poor horse some sugar cubes ans some carrots!

Speaking of carrots...gonna go get me some that I bought the other day, while i read all these comments =D

I don't think I would give up Google employee #20 for any job ever. As far as Yahoo, I hope she starts with cleaning up yahoo news. Has anyone ever read those stories on the front page of Yahoo? All I can say is I have and to put it politely.. LOL