Marissa Mayer Quits Google, Now Chief Executive Office at Yahoo!

Marissa Mayer, quit Google on July 16, and now is the new Chief Executive Office (CEO) of Yahoo!. She assumed her new job today.Mayer, was Google's first woman engineer and she led development of iGoogle, Google News, and Gmail. In 2010, she was moved to Google Maps and other local products.In a statement, Mayer says: […]

Marissa Mayer, quit Google on July 16, and now is the new Chief Executive Office (CEO) of Yahoo!. She assumed her new job today.

Mayer, was Google's first woman engineer and she led development of iGoogle, Google News, and Gmail. In 2010, she was moved to Google Maps and other local products.

In a statement, Mayer says: "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."

Yahoo cofounder David Filo, in a cubicle, says:

Marrisa Mayer : New Yahoo! CEO

"Marissa is a well-known, visionary leader in user experience and product design and one of Silicon Valley's most exciting strategists in technology development. I look forward to working with her to enhance Yahoo's product offerings for our over 700 million unique monthly visitors."

Also, just few days back, Google CEO Larry Page resumed work, after his mysterious disease. Speaking at a conference in Idaho, the former Google's Executive Chariman, Eric Schmidt said that company's CEO and co-founder is still recovering from an unspecified illness which had caused Page to lose his voice.

"He's still recovering. Larry is doing much better. He was in the office on Monday," Schmidt was quoted as saying by Reuters. "Larry ran the meeting. He is talking, but talking softly."

In this 2009 video interview with Charlie Rose, Mayer talks about Yahoo:

Here's the Yahoo!'s press release:

Yahoo! Appoints Marissa Mayer Chief Executive Officer

SUNNYVALE, Calif., July 16, 2012

Yahoo! (NASDAQ:YHOO) today announced that it has appointed Marissa Mayer as President, Chief Executive Officer and Member of the Board of Directors effective July 17, 2012. The appointment of Ms. Mayer, a leading consumer internet executive, signals a renewed focus on product innovation to drive user experience and advertising revenue for one of the world's largest consumer internet brands, whose leading properties include Yahoo! Finance, Yahoo! Sports, Yahoo! Mobile, Yahoo! Mail, and Yahoo! Search.

Mayer said, "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."

Most recently, Mayer was responsible for Local, Maps, and Location Services for Google, the company's suite of local and geographical products including Google Maps, Google Earth, Zagat, Street View, and local search, for desktop and mobile. Mayer joined Google in 1999 as its 20th employee and led efforts for many of Google's most recognizable products, including the development of its flagship search product and iconic homepage for over 10 years. Mayer managed some of Google's most successful innovations, launching more than 100 features and products including image, book and product search, toolbar, iGoogle, Google News, and Gmail - creating much of the "look and feel" of the Google user experience.

Yahoo! Co-Founder David Filo said, "Marissa is a well-known, visionary leader in user experience and product design and one of Silicon Valley's most exciting strategists in technology development. I look forward to working with her to enhance Yahoo's product offerings for our over 700 million unique monthly visitors."

"The Board of Directors unanimously agreed that Marissa's unparalleled track record in technology, design, and product execution makes her the right leader for Yahoo! at this time of enormous opportunity," said Fred Amoroso, Chairman of the Board of Directors.