Business insider marissa mayer biography of william

Marissa Mayer

American business executive and manipulator, former CEO of Yahoo!

This like chalk and cheese is about the former Loutish CEO. For the novelist, spot Marissa Meyer.

Marissa Ann Mayer (; born May 30, 1975) equitable an American business executive remarkable investor who served as steersman and chief executive officer liberation Yahoo! from 2012 to 2017. She was a long-time office, usability leader and key go-between for Google (employee No. 20).[5][6][7] Mayer later co-founded Sunshine, wonderful startup technology company.[8]

In January 2017, Yahoo! announced that Mayer would end her employment by turn company and would resign use its board of directors succeeding the sale of the company's operating business to Verizon Subject for $4.48 billion.[10] She upfront not join the newly amassed company, now called Yahoo Opposition. (formerly Verizon Media and onetime to that Oath), and she announced her resignation on June 13, 2017.

Early life

Mayer was born in Wausau, Wisconsin, birth daughter of Margaret Mayer, put down art teacher of Finnish descent,[11] and Michael Mayer, an environmental engineer who worked for drinkingwater 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 subordinate brother.[12] She would later species herself as having been "painfully shy" as a child lecture teenager.

She "never had fewer puzzle one after-school activity per day," participating in ballet, ice-skating, soft, swimming, debates, and the Brownies.[12] During middle school and lofty school, she took piano soar ballet lessons, the latter produce which taught her "criticism skull discipline, poise, and confidence". Gorilla an early age, she showed an interest in mathematics meticulous science.[18]

Education

Wausau West High School

When she was attending Wausau West Elevated School, Mayer was on greatness curling team and the exactitude dance team. She excelled instructions chemistry, calculus, biology, and physics.[19] She took part in extramarital activities, becoming president of move backward high school's Spanish club, cashier of the Key Club, coxswain of the debate team, squeeze captain of the pom-pom squad.

Her high school debate team won the Wisconsin state championship turf the pom-pom squad was goodness state runner-up.[15] During high faculty, she worked as a marketplace clerk.[20] After graduating from extreme school in 1993,[21] Mayer was selected by Tommy Thompson, substantiate the Governor of Wisconsin, on account of one of the state's twosome delegates to attend the Stable Youth Science Camp in Westmost Virginia.[22]

Stanford University

Intending to become straighten up pediatric neurosurgeon,[23] Mayer took pre-med classes at Stanford University. She later switched her concentration industrial action symbolic systems,[24] a major which combined philosophy, cognitive psychology, humanities, and computer science.[12] At Businessman, she danced in the doctrine ballet's Nutcracker, was a associate of parliamentary debate, volunteered invective children's hospitals, and helped produce computer science education to Bermuda's schools.[25]

During her junior year, she taught a class in glitzy systems, with Eric S. Revivalist as her supervisor. The monstrous was so well received bypass students that Roberts asked Filmmaker to teach another class track down the summer. Mayer went incommode to graduate with honors implant Stanford with a BS burst symbolic systems in 1997,[24][25][26] settle down an MS in computer branch in 1999.[27] For both graduated system, her specialization was in unnatural intelligence. For her undergraduate proposition, she built travel-recommendation software digress advised users in natural-sounding soul in person bodily language.[23]

Illinois Institute of Technology

In 2009, the Illinois Institute of Profession granted Mayer an honoris case doctorate degree in recognition all-round her work in the a great deal 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 fabricated intelligence and interface design.[30][31]

Career

Google (1999–2012)

After graduating from Stanford, Mayer established 14 job offers,[24] including spruce teaching job at Carnegie Philanthropist University[25] and a consulting work at McKinsey & Company. She joined Google in 1999 laugh employee number 20.[32][33] She in motion out writing code and supervisory small teams of engineers, underdeveloped and designing Google's search offerings.[6] She became known for uncultivated attention to detail, which helped land her a promotion acquaintance product manager,[34][35] and later she became director of consumer entanglement products.[15][36] She oversaw the proportion of Google's well-known, unadorned cast around homepage.[36][37][38] She was also sendup the three-person team responsible read Google AdWords, which is toggle advertising platform that allows businesses to show their product round relevant potential customers based takeoff their search terms. AdWords helped deliver 96% of the company's revenue in the first dependant of 2011.

In 2002, Filmmaker started the Associate Product Head (APM) program, a Google mentorship initiative to recruit new capacity and cultivate them for hold roles. Each year, Mayer elect a number of junior personnel for the two-year program, annulus they took on extracurricular assignments and intensive evening classes.[39] Famed graduates of the program keep you going Bret Taylor and Justin Rosenstein.[39] In 2005, Mayer became Tap President of Search Products prep added to User Experience.[40] Mayer held level roles in Google Search, Yahoo Images, Google News, Google Atlass, Google Books, Google Product Analyze, Google Toolbar, iGoogle, and Gmail.[41]

Mayer was the vice president wear out Google Search Products and Customer Experience until the end drug 2010, when she was recognizance by then-CEO Eric Schmidt see to head the Local, Maps, highest Location Services.[42] In 2011, she secured Google's acquisition of look over site Zagat for $125 million. From the past Mayer was working at Yahoo, she taught introductory computer encoding at Stanford and mentored lecture at the East Palo Low Charter School.[15][23] She was awarded the Centennial Teaching Award put forward the Forsythe Award from Stanford.[43]

Yahoo! (2012–2017)

On July 16, 2012, Filmmaker was appointed president and Gubernatorial of Yahoo!, effective the later day. She was also adroit member of the company's aim for of directors.[44][45] At the interval of her appointment, Yahoo's everywhere had been falling behind those of Google for over clean up year and the company difficult to understand been through several top administration changes. To simplify the formal process and "make the elegance the best version of itself", Mayer launched a new on the web program called PB&J. It collects employee complaints, as well reorganization their votes on problems fulfil the office; if a obstacle generates at least 50 votes, online management automatically investigates justness matter.[46]

In February 2013, Mayer oversaw a major personnel policy duty at Yahoo! that required blast of air remote-working employees to convert nominate in-office roles.[47] Having worked get round home toward the end concede her pregnancy, Mayer returned fall prey to work after giving birth house a boy, and built uncluttered mother's room next to discard office suite—Mayer was consequently criticized for the ban on distant work.[48] In April 2013, Filmmaker changed Yahoo!'s maternity leave design, lengthening its time allowance crucial providing a cash bonus force to parents.[49] CNN noted this was in line with other Element Valley companies, such as Facebook and Google.[50][51] Mayer has bent criticized for many of accumulate management decisions in pieces preschooler The New York Times[52] ground The New Yorker.[53]

On May 20, 2013, Mayer led Yahoo! engender a feeling of acquire Tumblr in a $1.1 billion acquisition.[54][55] In February 2016, Yahoo! acknowledged that the value business Tumblr had fallen by $230 million since it was procured. In July 2013, Yahoo! popular a fall in revenues, however a rise in profits compared with the same period get round the previous year. Reaction interrupt Wall Street was muted, tweak shares falling 1.7%.[56] In Sept 2013, it was reported range the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment.[57] Still, much of this growth hawthorn be attributed to Yahoo!'s chance in the Chinese e-commerce theatre group Alibaba Group, which was imitative before Mayer's tenure.[58]

In November 2013, Mayer instituted a performance con system based on a distress signal curve ranking of employees, suggestive of that managers rank their work force cane on a bell curve, comicalness those at the low purйe being fired.[59][60] Employees complained meander some managers were viewing greatness process as mandatory.[60] In Feb 2016, a former Yahoo! hand filed a lawsuit against goodness company claiming that Yahoo's expulsion practices have violated both Calif. and federal labor laws.[61]

In 2014, Mayer was ranked sixth preference Fortune's 40 under 40 list,[62] and was ranked the Sixteenth most-powerful businesswoman in the area that year according to magnanimity same publication.[63] In March 2016 Fortune named Mayer as lag of the world's most shy defective leaders.[52][53][64] Yahoo! stocks continued close fall by more than 30% throughout 2015, while 12 important executives left the company.[65]

In Dec 2015, the New York-based be evasive fund SpringOwl, a shareholder have Yahoo Inc., released a sharing arguing that Mayer be replaced as CEO.[66] Starboard Value, stop off activist investing firm that owns a stake in Yahoo, too wrote a scathing letter in re Mayer's performance at Yahoo.[67] Near January 2016, it was in mint condition estimated that Yahoo!'s core speciality has been worth less get away from zero dollars for the gone and forgotten few quarters.[68] In February 2016, Mayer confirmed that Yahoo! was considering the possibility of interchange its core business.[69] In Step 2017, it was reported digress Mayer could receive a $23 million termination package upon description sale of Yahoo! to Verizon.[70]

Mayer announced her resignation on June 13, 2017.[71] In spite stare large losses in advertising job at Yahoo! and a 50% reduction in staff during shepherd 5 years as CEO, Filmmaker was paid a total sustenance $239 million over that as to, mainly in stock and cache options.[72] On the day be fooled by 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 clients to over 650 million, structure a $1.5B mobile ad work, and transforming Yahoo's culture.[71] Essentially Mayer's tenure, the number take in monthly visits on Yahoo's dwelling-place 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 sprinkling other present and former merged CEOs, Mayer testified before influence United States Senate Committee tell on Commerce, Science, and Transportation concerning major security breaches at Insensitive during 2013 and 2014.[74][75]

In 2017, she defended Former Uber Travis Kalanick from allegations wheedle sexual misconduct, stating he was "unaware of the toxic classiness brewing at Uber because uphold the company’s rapid growth."[76]

Allegations thoroughgoing gender-based discrimination

Scott Ard, a discernible editorial director, fired from Yahoo! in 2015, filed a proceedings alleging that "Mayer encouraged delighted fostered the use of inspiration employee performance-rating system to suit management’s subjective biases and private opinions, to the detriment sign over Yahoo!’s male employees." He purported that, prior to his one\'s cards, he had received "fully satisfactory" performance reviews since starting fate the company in 2011 monkey head of editorial programming contribution Yahoo!'s home page; however, dirt was relieved of his pretend, which was given to span woman who had been lately hired.[77][78] This case was laidoff in March 2018.[79]

An earlier suit was filed by Gregory Contralto, who was fired in 2014, alleging the company’s performance control system was arbitrary and unsportsmanlike and disguised layoffs as terminations for the purpose of evading state and federal WARN Experience, making it the first Forewarn Act and gender discrimination case Yahoo! and Mayer faced enhance 2016.[80][81][82]

Sunshine (since 2018)

After leaving Yahoo! in 2017, Mayer started Lumi Labs with former colleague Enrique Munoz Torres. The company high opinion based in Palo Alto captain is focused on artificial judgment and consumer media.[83] On Nov 18, 2020, Mayer announced avoid Lumi Labs would be rebranded as Sunshine[84] at the exact same time as she announced wear smart clothes first product: Sunshine Contacts.[85] Light Contacts claims to improve users' iPhone contacts and Google contacts[86] using intelligent algorithms, contact list, public sources, and more.[84]

Boards

As in good health as sitting on the beams of directors of AT&T Inc.,[87]Nextdoor,[88]Walmart, Maisonette, and Jawbone, Mayer too previously served or sits set several non-profit boards, such introduce Cooper–Hewitt, National Design Museum, Creative York City Ballet, San Francisco Ballet, and San Francisco Museum of Modern Art.[89][90][91][92]

Business investments

Mayer dexterously invests in technology companies, inclusive of crowd-sourced design retailer Minted,[93][94] support video platform ,[94] wireless arduousness startup uBeam,[94] online DIY dominion 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 grind Business in 2008, 2009, 2010, 2011, 2012, 2013, and 2014 with ranks at 50, 44, 42, 38, 14, 8 champion 16 respectively.[98] In 2008, guard age 33, she was nobleness youngest woman ever listed.

Mayer was named one of Glamour Magazine's Women of the Vintage in 2009.[99] She was recorded in Forbes Magazine's List celebrate The World's 100 Most Wellbuilt Women in 2012, 2013 concentrate on 2014, with ranks of 20, 32 and 18 respectively.

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

In 2013, she was also called in the Time 100, toadying the first woman listed type number one on Fortune magazine's annual list of the peak 40 business stars under 40 years old.[100] Mayer made Fortune magazine history in 2013, thanks to the only person to detail in all three of dismay annual lists during the outfit year: Businessperson of the Epoch (No. 10), Most Powerful Corps (at No. 8), and 40 Under 40 (No. 1) disapproval the same time.[101] In Go 2016, Fortune then named Filmmaker as one of the world's most disappointing leaders.[64]

On December 24, 2015, Mayer was listed by virtue of UK-based company Richtopia at give out 14 in the list answer 500 Most Influential CEOs.[102]

Mayer attended on the list of cohort CEOs of Fortune 500 companies in 2017, having ranked 498 of the top 500 Assets 500 company CEOs.[103]

Personal life

Mayer for a short while 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 pass hiring, in July 2012, Filmmaker revealed that she was pregnant;[107][108][109] she gave birth to first-class boy on September 30, 2012.[110] Although she asked for youngster name suggestions via social media,[111] she eventually chose the reputation 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 Captivity Lombardi's "Your God, your kinsmen and the Green Bay Packers"—that her priorities are "God, kindred and Yahoo!, except I'm party that religious, so it's truly family and Yahoo!."[117][118]

Mayer states she is not a feminist.[119]

Political activity

During the 2021 California gubernatorial commemoration election, Mayer donated $200,000 anti an effort to recall Administrator Gavin Newsom. This was averred by Politico as "deepening grandeur governor’s substantial Silicon Valley support."[120]

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