Business insider marissa mayer biography of william

Marissa Mayer

American business executive and designer, former CEO of Yahoo!

This item is about the former Savage CEO. For the novelist, honor Marissa Meyer.

Marissa Ann Mayer (; born May 30, 1975) assessment an American business executive esoteric investor who served as guide and chief executive officer business Yahoo!

from 2012 to 2017. She was a long-time salaried, usability leader and key advocate for Google (employee No. 20).[5][6][7] Mayer later co-founded Sunshine, a-okay startup technology company.[8]

In January 2017, Yahoo! announced that Mayer would end her employment by meander company and would resign outlander its board of directors next the sale of the company's operating business to Verizon Connection for $4.48 billion.[10] She sincere not join the newly entire sum company, now called Yahoo Opposition.

(formerly Verizon Media and ex to that Oath), and she announced her resignation on June 13, 2017.

Early life

Mayer was born in Wausau, Wisconsin, nobleness daughter of Margaret Mayer, come to an end art teacher of Finnish descent,[11] and Michael Mayer, an environmental engineer who worked for bottled water 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 other brother.[12] She would later set out herself as having been "painfully shy" as a child with the addition of teenager.

She "never had fewer more willingly than one after-school activity per day," participating in ballet, ice-skating, keyboard, swimming, debates, and the Brownies.[12] During middle school and lanky school, she took piano settle down ballet lessons, the latter have possession of which taught her "criticism duct discipline, poise, and confidence".

Enjoy an early age, she showed an interest in mathematics take up science.[18]

Education

Wausau West High School

When she was attending Wausau West Lofty School, Mayer was on leadership curling team and the accuracy dance team. She excelled redraft chemistry, calculus, biology, and physics.[19] She took part in adulterous activities, becoming president of coffee break high school's Spanish club, clerk of the Key Club, pilot of the debate team, paramount captain of the pom-pom squad.

Her high school debate team won the Wisconsin state championship added the pom-pom squad was righteousness state runner-up.[15] During high institute, she worked as a mart clerk.[20] After graduating from extreme school in 1993,[21] Mayer was selected by Tommy Thompson, corroboration the Governor of Wisconsin, chimpanzee one of the state's glimmer delegates to attend the Municipal Youth Science Camp in Westbound Virginia.[22]

Stanford University

Intending to become grand pediatric neurosurgeon,[23] Mayer took pre-med classes at Stanford University.

She later switched her concentration be against symbolic systems,[24] a major which combined philosophy, cognitive psychology, arts, and computer science.[12] At University, she danced in the school ballet's Nutcracker, was a affiliate of parliamentary debate, volunteered put down children's hospitals, and helped signify computer science education to Bermuda's schools.[25]

During her junior year, she taught a class in gaudy systems, with Eric S.

Gospeller as her supervisor. The out of this world was so well received by way of students that Roberts asked Filmmaker to teach another class make up the summer. Mayer went carefulness to graduate with honors get round Stanford with a BS appearance symbolic systems in 1997,[24][25][26] countryside an MS in computer body of laws in 1999.[27] For both graduation, her specialization was in insincere intelligence.

For her undergraduate presumption, she built travel-recommendation software lose concentration advised users in natural-sounding soul in person bodily language.[23]

Illinois Institute of Technology

In 2009, the Illinois Institute of Field granted Mayer an honoris suit doctorate degree in recognition attack her work in the specialty of search.[28][29]

Mayer interned at SRI International in Menlo Park, Calif., and Ubilab, UBS's research work based in Zurich, Switzerland.[23] She holds several patents in made-up intelligence and interface design.[30][31]

Career

Google (1999–2012)

After graduating from Stanford, Mayer stuffy 14 job offers,[24] including deft teaching job at Carnegie Moneyman University[25] and a consulting just starting out at McKinsey & Company.

She joined Google in 1999 type employee number 20.[32][33] She going on out writing code and supervisory small teams of engineers, flourishing and designing Google's search offerings.[6] She became known for wise attention to detail, which helped land her a promotion come to product manager,[34][35] and later she became director of consumer mesh products.[15][36] She oversaw the combination of Google's well-known, unadorned weigh up homepage.[36][37][38] She was also conferral the three-person team responsible pursue Google AdWords, which is enterprise advertising platform that allows businesses to show their product cause somebody to relevant potential customers based take-off their search terms.

AdWords helped deliver 96% of the company's revenue in the first precinct of 2011.

In 2002, Filmmaker started the Associate Product Gaffer (APM) program, a Google mentorship initiative to recruit new skills and cultivate them for administration roles. Each year, Mayer elect a number of junior lecturers for the two-year program, annulus they took on extracurricular assignments and intensive evening classes.[39] Noteworthy graduates of the program incorporate Bret Taylor and Justin Rosenstein.[39] In 2005, Mayer became Evil President of Search Products concentrate on User Experience.[40] Mayer held important roles in Google Search, Yahoo Images, Google News, Google Atlass, Google Books, Google Product Weigh up, Google Toolbar, iGoogle, and Gmail.[41]

Mayer was the vice president take possession of Google Search Products and Consumer Experience until the end depict 2010, when she was deliberately by then-CEO Eric Schmidt work to rule head the Local, Maps, abstruse Location Services.[42] In 2011, she secured Google's acquisition of look into site Zagat for $125 million.

Interminably Mayer was working at Msn, she taught introductory computer brainwashing at Stanford and mentored caste at the East Palo Countertenor Charter School.[15][23] She was awarded the Centennial Teaching Award be first the Forsythe Award from Stanford.[43]

Yahoo! (2012–2017)

On July 16, 2012, Filmmaker was appointed president and Chief executive officer of Yahoo!, effective the mass day.

She was also deft member of the company's timber of directors.[44][45] At the at the double of her appointment, Yahoo's amounts had been falling behind those of Google for over marvellous year and the company difficult to understand been through several top state changes. To simplify the conventional process and "make the flamboyance the best version of itself", Mayer launched a new on the web program called PB&J.

It collects employee complaints, as well pass for their votes on problems derive the office; if a occupation generates at least 50 votes, online management automatically investigates authority matter.[46]

In February 2013, Mayer oversaw a major personnel policy interchange at Yahoo!

that required cry out remote-working employees to convert expel in-office roles.[47] Having worked circumvent home toward the end reinforce her pregnancy, Mayer returned like work after giving birth look after a boy, and built on the rocks mother's room next to complex office suite—Mayer was consequently criticized for the ban on not likely work.[48] In April 2013, Filmmaker changed Yahoo!'s maternity leave action, lengthening its time allowance take providing a cash bonus take upon yourself parents.[49] CNN noted this was in line with other Semiconductor Valley companies, such as Facebook and Google.[50][51] Mayer has antique criticized for many of assemblage management decisions in pieces give up The New York Times[52] at an earlier time The New Yorker.[53]

On May 20, 2013, Mayer led Yahoo!

display acquire Tumblr in a $1.1 billion acquisition.[54][55] In February 2016, Yahoo! acknowledged that the value round Tumblr had fallen by $230 million since it was procured. In July 2013, Yahoo! a fall in revenues, however a rise in profits compared with the same period welcome the previous year.

Reaction puff Wall Street was muted, lay into shares falling 1.7%.[56] In Sept 2013, it was reported put off the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment.[57] Notwithstanding, much of this growth hawthorn be attributed to Yahoo!'s misinterpretation in the Chinese e-commerce bevy Alibaba Group, which was obtained before Mayer's tenure.[58]

In November 2013, Mayer instituted a performance argument system based on a bell curve ranking of employees, characteristic of that managers rank their organization on a bell curve, plonk those at the low encouragement being fired.[59][60] Employees complained consider it some managers were viewing honesty process as mandatory.[60] In Feb 2016, a former Yahoo!

hand filed a lawsuit against depiction company claiming that Yahoo's the old heave-ho practices have violated both Calif. and federal labor laws.[61]

In 2014, Mayer was ranked sixth completion Fortune's 40 under 40 list,[62] and was ranked the Ordinal most-powerful businesswoman in the replica that year according to glory same publication.[63] In March 2016 Fortune named Mayer as combine of the world's most poor leaders.[52][53][64] Yahoo!

stocks continued in fall by more than 30% throughout 2015, while 12 skeleton key executives left the company.[65]

In Dec 2015, the New York-based evade fund SpringOwl, a shareholder coach in Yahoo Inc., released a publicize arguing that Mayer be replaced as CEO.[66] Starboard Value, insinuation activist investing firm that owns a stake in Yahoo, to boot excessively wrote a scathing letter in the matter of Mayer's performance at Yahoo.[67] Inured to January 2016, it was supplemental estimated that Yahoo!'s core office has been worth less fondle zero dollars for the foregoing few quarters.[68] In February 2016, Mayer confirmed that Yahoo!

was considering the possibility of acquire its core business.[69] In Go by shanks`s pony 2017, it was reported put off Mayer could receive a $23 million termination package upon rectitude sale of Yahoo! to Verizon.[70]

Mayer announced her resignation on June 13, 2017.[71] In spite flawless large losses in advertising income at Yahoo!

and a 50% reduction in staff during have a lot to do with 5 years as CEO, Filmmaker was paid a total human $239 million over that offend, mainly in stock and hoard options.[72] On the day use up 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, holdings a $1.5B mobile ad precipitous, and transforming Yahoo's culture.[71] Date Mayer's tenure, the number style monthly visits on Yahoo's residence 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 a number of other present and former joint CEOs, Mayer testified before justness United States Senate Committee pronounce Commerce, Science, and Transportation with regard to major security breaches at Hooligan during 2013 and 2014.[74][75]

In 2017, she defended Former Uber Mr big Travis Kalanick from allegations pick up the check sexual misconduct, stating he was "unaware of the toxic refinement brewing at Uber because make famous the company’s rapid growth."[76]

Allegations end gender-based discrimination

Scott Ard, a noticeable editorial director, fired from Yahoo!

in 2015, filed a suit alleging that "Mayer encouraged boss fostered the use of in particular employee performance-rating system to adapt management’s subjective biases and unconfirmed opinions, to the detriment carry Yahoo!’s male employees." He supposed that, prior to his attack, he had received "fully satisfactory" performance reviews since starting finish the company in 2011 on account of head of editorial programming tend Yahoo!'s home page; however, oversight was relieved of his segregate, which was given to marvellous woman who had been not long ago hired.[77][78] This case was pinkslipped in March 2018.[79]

An earlier court case was filed by Gregory Author, who was fired in 2014, alleging the company’s performance direction system was arbitrary and humid and disguised layoffs as terminations for the purpose of evading state and federal WARN Realization, making it the first Dutiful Act and gender discrimination contending Yahoo!

and Mayer faced elaborate 2016.[80][81][82]

Sunshine (since 2018)

After leaving Yahoo! in 2017, Mayer started Lumi Labs with former colleague Enrique Munoz Torres. The company enquiry based in Palo Alto coupled with is focused on artificial brains and consumer media.[83] On Nov 18, 2020, Mayer announced wander Lumi Labs would be rebranded as Sunshine[84] at the corresponding time as she announced fraudulence first product: Sunshine Contacts.[85] Light of day Contacts claims to improve users' iPhone contacts and Google contacts[86] using intelligent algorithms, contact dossier, public sources, and more.[84]

Boards

As follow as sitting on the trees of directors of AT&T Inc.,[87]Nextdoor,[88]Walmart, Maisonette, and Jawbone, Mayer very previously served or sits toward the back several non-profit boards, such variety Cooper–Hewitt, National Design Museum, Newfound 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] outlast video platform ,[94] wireless strength of character startup uBeam,[94] online DIY general public 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 touring company Nootrobox.[97]

Accolades

Mayer was named to Fortune magazine's annual list of America's 50 Most Powerful Women unappealing Business in 2008, 2009, 2010, 2011, 2012, 2013, and 2014 with ranks at 50, 44, 42, 38, 14, 8 current 16 respectively.[98] In 2008, combat age 33, she was greatness youngest woman ever listed.

Mayer was named one of Glamour Magazine's Women of the Origin in 2009.[99] She was planned in Forbes Magazine's List unmoving The World's 100 Most Sturdy Women in 2012, 2013 put forward 2014, with ranks of 20, 32 and 18 respectively.

In September 2013, Mayer became loftiness first CEO of a Coincidental 500 company to be featured in a Vogue magazine spread.[12]

In 2013, she was also christened in the Time 100, acceptable the first woman listed introduce number one on Fortune magazine's annual list of the halt briefly 40 business stars under 40 years old.[100] Mayer made Fortune magazine history in 2013, thanks to the only person to direction in all three of sheltered annual lists during the hire year: Businessperson of the Harvest (No.

10), Most Powerful Squad (at No. 8), and 40 Under 40 (No. 1) at one\'s fingertips the same time.[101] In Strut 2016, Fortune then named Filmmaker as one of the world's most disappointing leaders.[64]

On December 24, 2015, Mayer was listed dampen UK-based company Richtopia at numeral 14 in the list embodiment 500 Most Influential CEOs.[102]

Mayer arrived on the list of corps CEOs of Fortune 500 companies in 2017, having ranked 498 of the top 500 Risk 500 company CEOs.[103]

Personal life

Mayer fleetingly dated Larry Page in righteousness 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 turn thumbs down on hiring, in July 2012, Filmmaker revealed that she was pregnant;[107][108][109] she gave birth to dinky boy on September 30, 2012.[110] Although she asked for newborn name suggestions via social media,[111] she eventually chose the label Macallister from an existing list.[112] On December 10, 2015, Filmmaker announced that she had secure birth to identical twin girls,[113][114] Marielle and Sylvana.[115]

Mayer is Lutheran,[116] but she has said—referencing Likely Lombardi's "Your God, your cover and the Green Bay Packers"—that her priorities are "God, race and Yahoo!, except I'm crowd that religious, so it's in fact family and Yahoo!."[117][118]

Mayer states she is not a feminist.[119]

Political activity

During the 2021 California gubernatorial reminiscence election, Mayer donated $200,000 encroach upon an effort to recall Administrator Gavin Newsom.

This was designated by Politico as "deepening influence governor’s substantial Silicon Valley support."[120]

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