Career Marissa Mayer

1 career

1.1 google
1.2 yahoo
1.3 allegations of warn act violations , gender-based discrimination

career
google

marissa mayer speaking @ google search on event in 2010.

after graduating stanford, mayer received 14 job offers, including teaching job @ carnegie mellon university , consulting job @ mckinsey & company. joined google in 1999 employee number 20. started out writing code , overseeing small teams of engineers, developing , designing google s search offerings. became known attention detail helped land promotion product manager, , later became director of consumer web products. oversaw layout of google s well-known, unadorned search homepage. on three-person team responsible google adwords, advertising platform allows businesses show product relevant potential customers based on search terms. adwords helped deliver 96% of company s revenue in first quarter of 2011.

marissa mayer @ interview while working google.

in 2002, mayer started associate product manager (apm) program, google mentorship program aimed recruit new talents , cultivate , train them leadership roles within company. each year, mayer selected number of junior employees two-year program, see them take on number of extracurricular assignments , intensive evening classes. notable graduates of program include bret taylor , justin rosenstein. in 2005 became vice president of search products , user experience. mayer held key roles in google search, google images, google news, google maps, google books, google product search, google toolbar, igoogle, , gmail.

mayer vice president of google search products , user experience until end of 2010, when asked then-ceo eric schmidt head local, maps, , location services. in 2011, secured google s acquisition of survey site zagat $125 million. while mayer working @ google, taught introductory computer programming @ stanford , mentored students @ east palo alto charter school. awarded centennial teaching award , forsythe award stanford.

yahoo

michael arrington , marissa mayer @ techcrunch disrupt

on july 16, 2012, mayer appointed president , ceo of yahoo!, effective following day. member of company s board of directors. simplify bureaucratic process , make culture best version of , mayer launched new online program called pb&j. collects employee complaints, votes on problems in office; if problem generates @ least 50 votes, online management automatically investigates matter. in february 2013, mayer oversaw major personnel policy change @ yahoo! required remote-working employees convert in-office roles. having worked home toward end of pregnancy, mayer returned work after giving birth boy, , built mother s room next office suite—mayer consequently criticized telecommuting ban. in april 2013, mayer changed yahoo! s maternity leave policy, lengthening time allowance , providing cash bonus parents. cnn noted in line other silicon valley companies, such facebook , google. mayer has been criticized many of management decisions in pieces new york times , new yorker.

on may 20, 2013, mayer led yahoo! acquire tumblr in $1.1 billion acquisition. in february 2016, yahoo! acknowledged value of tumblr had fallen $230 million since acquired. in july 2013, yahoo! reported fall in revenues, rise in profits compared same period in previous year. reaction on wall street muted, shares falling 1.7%. in september 2013, reported stock price of yahoo! had doubled on 14 months since mayer s appointment. however, of growth may attributed yahoo! s stake in chinese e-commerce company alibaba group, acquired before mayer s tenure.

mayer delivering conference keynote.

in november 2013, mayer instituted performance review system based on bell curve ranking of employees, suggesting managers rank employees on bell curve, @ low end being fired. employees complained managers viewing process mandatory. in february 2016, former yahoo! employee filed lawsuit against company claiming yahoo s firing practices have violated both california , federal labor laws.

in 2014, mayer ranked sixth on fortune s 40 under 40 list, , ranked 16th most-powerful businesswoman in world year according same publication. in march 2016 fortune name mayer 1 of world s disappointing leaders. yahoo! stocks continued fall more 30% throughout 2015, while 12 key executives left company.

in december 2015, new york-based hedge fund springowl, shareholder in yahoo inc., released statement arguing mayer replaced ceo. starboard value, activist investing firm owns stake in yahoo, likewise wrote scathing letter regarding mayer s performance @ yahoo. january 2016, further estimated yahoo! s core business has been worth less 0 dollars past few quarters. in february 2016, mayer confirmed yahoo! considering possibility of selling core business. in march 2017, reported mayer receive $23 million termination package upon sale of yahoo! verizon.

mayer announced resignation on june 13, 2017. in spite of large losses in advertising revenue @ yahoo! , 50% reduction in staff during 5 years ceo, mayer paid total of $239 million on time, in stock , stock options. on day of resignation, mayer publicly highlighted many of company s achievements during tenure, including: creating $43b in market capitalization, tripling yahoo stock, growing mobile users on 650 million, building $1.5b mobile ad business, , transforming yahoo s culture.

on 8 november 2017, along several other present , former corporate ceos; mayer testified before united states senate committee on commerce, science, , transportation regarding major security breaches @ yahoo during 2013 , 2014.

mayer house democratic leader nancy pelosi, may 3, 2014


allegations of warn act violations , gender-based discrimination

scott ard, prominent editorial director, fired yahoo! in 2015, filed lawsuit alleging “mayer encouraged , fostered use of (an employee performance-rating system) accommodate management’s subjective biases , personal opinions, detriment of yahoo!’s male employees. claimed that, prior firing, had received satisfactory performance reviews since starting @ company in 2011 head of editorial programming yahoo! s home page; however, relieved of role, given woman had been hired.

an earlier lawsuit filed gregory anderson, fired in 2014, alleging company’s performance management system arbitrary , unfair , disguised layoffs terminations purpose of evading state , federal warn acts, making first warn act , gender discrimination lawsuit yahoo! , mayer faced in 2016.