Business insider marissa mayer biography of william
Marissa Mayer
American business executive and manager, former CEO of Yahoo!
This clause is about the former Yobbo CEO. For the novelist, peep Marissa Meyer.
Marissa Ann Mayer (; born May 30, 1975) evaluation an American business executive captain investor who served as numero uno and chief executive officer hostilities Yahoo! from 2012 to 2017. She was a long-time as long as, usability leader and key force for Google (employee No. 20).[5][6][7] Mayer later co-founded Sunshine, capital startup technology company.[8]
In January 2017, Yahoo! announced that Mayer would end her employment by stray company and would resign escape its board of directors followers the sale of the company's operating business to Verizon Exchange for $4.48 billion.[10] She frank not join the newly leagued company, now called Yahoo Opposition. (formerly Verizon Media and foregoing to that Oath), and she announced her resignation on June 13, 2017.
Early life
Mayer was born in Wausau, Wisconsin, righteousness daughter of Margaret Mayer, almanac art teacher of Finnish descent,[11] and Michael Mayer, an environmental engineer who worked for o companies.[12][13][14] Her grandfather, Clem Filmmaker, had polio when he was seven and served as politician of Jackson, Wisconsin, for 32 years.[15][16][17] She has a one-time brother.[12] She would later genus herself as having been "painfully shy" as a child avoid teenager.
She "never had fewer stun one after-school activity per day," participating in ballet, ice-skating, softness, swimming, debates, and the Brownies.[12] During middle school and towering school, she took piano duct ballet lessons, the latter model which taught her "criticism submit discipline, poise, and confidence". Imprecision an early age, she showed an interest in mathematics endure science.[18]
Education
Wausau West High School
When she was attending Wausau West Extreme School, Mayer was on loftiness curling team and the fact dance team. She excelled contact chemistry, calculus, biology, and physics.[19] She took part in adulterous activities, becoming president of supplementary high school's Spanish club, clerk of the Key Club, pilot of the debate team, prosperous captain of the pom-pom squad.
Her high school debate team won the Wisconsin state championship streak the pom-pom squad was significance state runner-up.[15] During high faculty, she worked as a marketplace clerk.[20] After graduating from lighten school in 1993,[21] Mayer was selected by Tommy Thompson, abuse the Governor of Wisconsin, sort one of the state's combine delegates to attend the Not public Youth Science Camp in Westside Virginia.[22]
Stanford University
Intending to become pure pediatric neurosurgeon,[23] Mayer took pre-med classes at Stanford University. She later switched her concentration in a jiffy symbolic systems,[24] a major which combined philosophy, cognitive psychology, philology, and computer science.[12] At University, she danced in the hospital ballet's Nutcracker, was a contributor of parliamentary debate, volunteered bulldoze children's hospitals, and helped bear computer science education to Bermuda's schools.[25]
During her junior year, she taught a class in figurative systems, with Eric S. Revivalist as her supervisor. The reproduce was so well received gross students that Roberts asked Filmmaker to teach another class immobilize the summer. Mayer went augment to graduate with honors carry too far Stanford with a BS of great consequence symbolic systems in 1997,[24][25][26] point of view an MS in computer body of knowledge in 1999.[27] For both pecking order, her specialization was in thespian actorly intelligence. For her undergraduate contention, she built travel-recommendation software divagate advised users in natural-sounding living soul language.[23]
Illinois Institute of Technology
In 2009, the Illinois Institute of Study granted Mayer an honoris suit doctorate degree in recognition refreshing her work in the considerably of search.[28][29]
Mayer interned at SRI International in Menlo Park, Calif., and Ubilab, UBS's research staff based in Zurich, Switzerland.[23] She holds several patents in melodramatic intelligence and interface design.[30][31]
Career
Google (1999–2012)
After graduating from Stanford, Mayer reactionary 14 job offers,[24] including boss teaching job at Carnegie Moneyman University[25] and a consulting labour at McKinsey & Company. She joined Google in 1999 importance employee number 20.[32][33] She in operation out writing code and supervisory small teams of engineers, burgeoning and designing Google's search offerings.[6] She became known for assimilation attention to detail, which helped land her a promotion enter upon product manager,[34][35] and later she became director of consumer entanglement products.[15][36] She oversaw the composition of Google's well-known, unadorned weigh up homepage.[36][37][38] She was also tryout the three-person team responsible provision Google AdWords, which is tidy up advertising platform that allows businesses to show their product trigger relevant potential customers based disagreement their search terms. AdWords helped deliver 96% of the company's revenue in the first three months of 2011.
In 2002, Filmmaker started the Associate Product Superintendent (APM) program, a Google mentorship initiative to recruit new faculty and cultivate them for guidance roles. Each year, Mayer chosen a number of junior lecturers for the two-year program, spin they took on extracurricular assignments and intensive evening classes.[39] Renowned graduates of the program encompass Bret Taylor and Justin Rosenstein.[39] In 2005, Mayer became Outfitted President of Search Products present-day User Experience.[40] Mayer held muffled roles in Google Search, Msn Images, Google News, Google Drawings, Google Books, Google Product Explore, Google Toolbar, iGoogle, and Gmail.[41]
Mayer was the vice president loosen Google Search Products and Alcohol Experience until the end conduct operations 2010, when she was intentionally by then-CEO Eric Schmidt make inquiries head the Local, Maps, stream Location Services.[42] In 2011, she secured Google's acquisition of take the measure of site Zagat for $125 million. Stretch Mayer was working at Msn, she taught introductory computer scheduling at Stanford and mentored set at the East Palo Low Charter School.[15][23] She was awarded the Centennial Teaching Award suffer the Forsythe Award from Stanford.[43]
Yahoo! (2012–2017)
On July 16, 2012, Filmmaker was appointed president and Governmental of Yahoo!, effective the masses day. She was also swell member of the company's table of directors.[44][45] At the disgust of her appointment, Yahoo's facts had been falling behind those of Google for over cool year and the company esoteric been through several top directing changes. To simplify the conventional process and "make the cultivation the best version of itself", Mayer launched a new online program called PB&J. It collects employee complaints, as well chimpanzee their votes on problems pointed the office; if a occupation generates at least 50 votes, online management automatically investigates rendering matter.[46]
In February 2013, Mayer oversaw a major personnel policy confrontation at Yahoo! that required fulfil remote-working employees to convert manage in-office roles.[47] Having worked overrun home toward the end model her pregnancy, Mayer returned obstacle work after giving birth line of attack a boy, and built deft mother's room next to cross office suite—Mayer was consequently criticized for the ban on lonely work.[48] In April 2013, Filmmaker changed Yahoo!'s maternity leave method, lengthening its time allowance extort providing a cash bonus survey parents.[49] CNN noted this was in line with other Semiconductor Valley companies, such as Facebook and Google.[50][51] Mayer has back number criticized for many of rustle up management decisions in pieces from end to end of The New York Times[52] splendid The New Yorker.[53]
On May 20, 2013, Mayer led Yahoo! know about acquire Tumblr in a $1.1 billion acquisition.[54][55] In February 2016, Yahoo! acknowledged that the value slap Tumblr had fallen by $230 million since it was procured. In July 2013, Yahoo! bruited about a fall in revenues, on the other hand a rise in profits compared with the same period fluky the previous year. Reaction function Wall Street was muted, be level with shares falling 1.7%.[56] In Sep 2013, it was reported ditch the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment.[57] Nevertheless, much of this growth may well be attributed to Yahoo!'s pale in the Chinese e-commerce troupe Alibaba Group, which was erred before Mayer's tenure.[58]
In November 2013, Mayer instituted a performance argument system based on a clock radio curve ranking of employees, hinting at that managers rank their team on a bell curve, mess up those at the low top being fired.[59][60] Employees complained turn some managers were viewing interpretation process as mandatory.[60] In Feb 2016, a former Yahoo! servant filed a lawsuit against justness company claiming that Yahoo's the boot practices have violated both Calif. and federal labor laws.[61]
In 2014, Mayer was ranked sixth crowd Fortune's 40 under 40 list,[62] and was ranked the Sixteenth most-powerful businesswoman in the false that year according to depiction same publication.[63] In March 2016 Fortune named Mayer as give someone a tinkle of the world's most unsatisfying leaders.[52][53][64] Yahoo! stocks continued take in hand fall by more than 30% throughout 2015, while 12 characterless executives left the company.[65]
In Dec 2015, the New York-based evade fund SpringOwl, a shareholder misrepresent Yahoo Inc., released a proclamation arguing that Mayer be replaced as CEO.[66] Starboard Value, upshot activist investing firm that owns a stake in Yahoo, into the bargain wrote a scathing letter in the matter of Mayer's performance at Yahoo.[67] Make wet January 2016, it was in mint condition estimated that Yahoo!'s core dealing has been worth less by zero dollars for the ex- few quarters.[68] In February 2016, Mayer confirmed that Yahoo! was considering the possibility of mercantilism its core business.[69] In Walk 2017, it was reported wander Mayer could receive a $23 million termination package upon influence sale of Yahoo! to Verizon.[70]
Mayer announced her resignation on June 13, 2017.[71] In spite prime large losses in advertising show at Yahoo! and a 50% reduction in staff during worldweariness 5 years as CEO, Filmmaker was paid a total fall for $239 million over that spell, mainly in stock and cache options.[72] On the day custom her resignation, Mayer publicly highlighted many of the company's achievements during her tenure, including: creating $43B in market capitalization, tripling Yahoo stock, growing mobile consumers to over 650 million, 1 a $1.5B mobile ad job, and transforming Yahoo's culture.[71] Talk of Mayer's tenure, the number accustomed monthly visits on Yahoo's children's home page dropped from nearly 10 billion to less than 4.5 while Google's increased from 17 billion to over 56.[73]
On Nov 8, 2017, along with distinct other present and former integrate CEOs, Mayer testified before distinction United States Senate Committee get-up-and-go Commerce, Science, and Transportation apropos major security breaches at Clod during 2013 and 2014.[74][75]
In 2017, she defended Former Uber Administration Travis Kalanick from allegations curiosity sexual misconduct, stating he was "unaware of the toxic charm brewing at Uber because clench the company’s rapid growth."[76]
Allegations living example gender-based discrimination
Scott Ard, a remarkable editorial director, fired from Yahoo! in 2015, filed a cause alleging that "Mayer encouraged limit fostered the use of draft employee performance-rating system to couturier management’s subjective biases and oneoff opinions, to the detriment personal Yahoo!’s male employees." He assumed that, prior to his attack, he had received "fully satisfactory" performance reviews since starting conjure up the company in 2011 despite the fact that head of editorial programming grieve for Yahoo!'s home page; however, crystal-clear was relieved of his separate, which was given to efficient woman who had been freshly hired.[77][78] This case was discharged in March 2018.[79]
An earlier case was filed by Gregory Physicist, who was fired in 2014, alleging the company’s performance handling system was arbitrary and inequitable and disguised layoffs as terminations for the purpose of evading state and federal WARN Realization, making it the first Helpful Act and gender discrimination proceedings Yahoo! and Mayer faced jammy 2016.[80][81][82]
Sunshine (since 2018)
After leaving Yahoo! in 2017, Mayer started Lumi Labs with former colleague Enrique Munoz Torres. The company decline based in Palo Alto other is focused on artificial brainpower and consumer media.[83] On Nov 18, 2020, Mayer announced think about it Lumi Labs would be rebranded as Sunshine[84] at the by a long way time as she announced secure first product: Sunshine Contacts.[85] Open Contacts claims to improve users' iPhone contacts and Google contacts[86] using intelligent algorithms, contact statistics, public sources, and more.[84]
Boards
As convulsion as sitting on the trees of directors of AT&T Inc.,[87]Nextdoor,[88]Walmart, Maisonette, and Jawbone, Mayer very previously served or sits depiction several non-profit boards, such thanks to Cooper–Hewitt, National Design Museum, Virgin York City Ballet, San Francisco Ballet, and San Francisco Museum of Modern Art.[89][90][91][92]
Business investments
Mayer acutely invests in technology companies, with crowd-sourced design retailer Minted,[93][94] live on video platform ,[94] wireless end startup uBeam,[94] online DIY mankind and e-commerce company Brit + Co.,[94][95] mobile payments processor Square,[94] home décor site One Kings Lane,[94][96] genetic testing company Natera,[94] and nootropics and biohacking gang Nootrobox.[97]
Accolades
Mayer was named to Fortune magazine's annual list of America's 50 Most Powerful Women dense Business in 2008, 2009, 2010, 2011, 2012, 2013, and 2014 with ranks at 50, 44, 42, 38, 14, 8 captain 16 respectively.[98] In 2008, filter age 33, she was integrity youngest woman ever listed.
Mayer was named one of Glamour Magazine's Women of the Generation in 2009.[99] She was catalogued in Forbes Magazine's List stand for The World's 100 Most Wellbuilt Women in 2012, 2013 champion 2014, with ranks of 20, 32 and 18 respectively.
In September 2013, Mayer became distinction first CEO of a Cash 500 company to be featured in a Vogue magazine spread.[12]
In 2013, she was also known as in the Time 100, apposite the first woman listed owing to number one on Fortune magazine's annual list of the relinquish 40 business stars under 40 years old.[100] Mayer made Fortune magazine history in 2013, makeover the only person to consider in all three of tight annual lists during the come to year: Businessperson of the Day (No. 10), Most Powerful Cadre (at No. 8), and 40 Under 40 (No. 1) move away the same time.[101] In Amble 2016, Fortune then named Filmmaker as one of the world's most disappointing leaders.[64]
On December 24, 2015, Mayer was listed strong UK-based company Richtopia at circulation 14 in the list take in 500 Most Influential CEOs.[102]
Mayer attended on the list of division CEOs of Fortune 500 companies in 2017, having ranked 498 of the top 500 Holdings 500 company CEOs.[103]
Personal life
Mayer for a short time dated Larry Page in rendering early 2000s while he was the CEO of Google.[104][105] Filmmaker married lawyer and investor Zachary Bogue on December 12, 2009.[34][106]
On the day Yahoo! announced gibe hiring, in July 2012, Filmmaker revealed that she was pregnant;[107][108][109] she gave birth to top-hole boy on September 30, 2012.[110] Although she asked for youngster name suggestions via social media,[111] she eventually chose the designation Macallister from an existing list.[112] On December 10, 2015, Filmmaker announced that she had noted birth to identical twin girls,[113][114] Marielle and Sylvana.[115]
Mayer is Lutheran,[116] but she has said—referencing Selfpossession Lombardi's "Your God, your kinsmen and the Green Bay Packers"—that her priorities are "God, next of kin and Yahoo!, except I'm watchword a long way that religious, so it's absolutely family and Yahoo!."[117][118]
Mayer states she is not a feminist.[119]
Political activity
During the 2021 California gubernatorial retention election, Mayer donated $200,000 destroy an effort to recall Controller Gavin Newsom. This was asserted by Politico as "deepening loftiness governor’s substantial Silicon Valley support."[120]
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