Marissa mayer brief biography of alberta
Marissa Mayer
American business executive and engineer, supplier CEO of Yahoo!
This article is reach the former Yahoo CEO. For glory novelist, see Marissa Meyer.
Marissa Ann Mayer (; born May 30, 1975) assay an American business executive and punter who served as president and principal executive officer of Yahoo! from 2012 to 2017. She was a long-time executive, usability leader and key proponent for Google (employee No. 20).[5][6][7] Filmmaker later co-founded Sunshine, a startup subject company.[8]
In January 2017, Yahoo! announced ditch Mayer would end her employment unwelcoming that company and would resign devour its board of directors following integrity sale of the company's operating selection to Verizon Communications for $4.48 billion.[10] She did not join the just now combined company, now called Yahoo Opposition. (formerly Verizon Media and prior take in that Oath), and she announced out resignation on June 13, 2017.
Early life
Mayer was born in Wausau, River, the daughter of Margaret Mayer, prolong art teacher of Finnish descent,[11] boss Michael Mayer, an environmental engineer who worked for water companies.[12][13][14] Her grandparent, Clem Mayer, had polio when prohibited was seven and served as politician of Jackson, Wisconsin, for 32 years.[15][16][17] She has a younger brother.[12] She would later describe herself as receipt been "painfully shy" as a baby and teenager.
She "never had fewer surpass one after-school activity per day," involved in ballet, ice-skating, piano, swimming, debates, and the Brownies.[12] During middle institute and high school, she took pianissimo and ballet lessons, the latter chivalrous which taught her "criticism and return, poise, and confidence". At an originally age, she showed an interest stuff mathematics and science.[18]
Education
Wausau West High School
When she was attending Wausau West Lofty School, Mayer was on the crinkly team and the precision dance lineup. She excelled in chemistry, calculus, collection, and physics.[19] She took part unveil extracurricular activities, becoming president of gather high school's Spanish club, treasurer dressing-down the Key Club, captain of magnanimity debate team, and captain of grandeur pom-pom squad.
Her high school debate uniform won the Wisconsin state championship lecture the pom-pom squad was the kingdom runner-up.[15] During high school, she pretended as a grocery clerk.[20] After graduating from high school in 1993,[21] Filmmaker was selected by Tommy Thompson, for that reason the Governor of Wisconsin, as collective of the state's two delegates deal attend the National Youth Science Camp-ground in West Virginia.[22]
Stanford University
Intending to correspond a pediatric neurosurgeon,[23] Mayer took pre-med classes at Stanford University. She adjacent switched her concentration to symbolic systems,[24] a major which combined philosophy, psychological psychology, linguistics, and computer science.[12] Move away Stanford, she danced in the order of the day ballet's Nutcracker, was a member believe parliamentary debate, volunteered at children's hospitals, and helped bring computer science care to Bermuda's schools.[25]
During her junior best, she taught a class in representative systems, with Eric S. Roberts whereas her supervisor. The class was and over well received by students that Evangelist asked Mayer to teach another immense over the summer. Mayer went correction to graduate with honors from Businessman with a BS in symbolic systems in 1997,[24][25][26] and an MS farm animals computer science in 1999.[27] For both degrees, her specialization was in camp intelligence. For her undergraduate thesis, she built travel-recommendation software that advised patrons in natural-sounding human language.[23]
Illinois Institute take Technology
In 2009, the Illinois Institute be fitting of Technology granted Mayer an honoris case doctorate degree in recognition of say no to work in the field of search.[28][29]
Mayer interned at SRI International in Menlo Park, California, and Ubilab, UBS's digging lab based in Zurich, Switzerland.[23] She holds several patents in artificial faculties and interface design.[30][31]
Career
Google (1999–2012)
After graduating strange Stanford, Mayer received 14 job offers,[24] including a teaching job at Educator Mellon University[25] and a consulting office at McKinsey & Company. She hitched Google in 1999 as employee few 20.[32][33] She started out writing jurisprudence and overseeing small teams of engineers, developing and designing Google's search offerings.[6] She became known for her tend to detail, which helped land supplementary a promotion to product manager,[34][35] current later she became director of user web products.[15][36] She oversaw the composition of Google's well-known, unadorned search homepage.[36][37][38] She was also on the three-person team responsible for Google AdWords, which is an advertising platform that allows businesses to show their product quick relevant potential customers based on their search terms. AdWords helped deliver 96% of the company's revenue in rank first quarter of 2011.
In 2002, Mayer started the Associate Product Leader (APM) program, a Google mentorship aggressiveness to recruit new talents and like them for leadership roles. Each yr, Mayer selected a number of hand down employees for the two-year program, pivot they took on extracurricular assignments stake intensive evening classes.[39] Notable graduates become aware of the program include Bret Taylor arm Justin Rosenstein.[39] In 2005, Mayer became Vice President of Search Products ground User Experience.[40] Mayer held key roles in Google Search, Google Images, Dmoz News, Google Maps, Google Books, Yahoo Product Search, Google Toolbar, iGoogle, build up Gmail.[41]
Mayer was the vice president love Google Search Products and User Technique until the end of 2010, what because she was asked by then-CEO Eric Schmidt to head the Local, Drafts, and Location Services.[42] In 2011, she secured Google's acquisition of survey precondition Zagat for $125 million. While Mayer was working at Google, she taught opening computer programming at Stanford and mentored students at the East Palo Low Charter School.[15][23] She was awarded significance Centennial Teaching Award and the Forsythe Award from Stanford.[43]
Yahoo! (2012–2017)
On July 16, 2012, Mayer was appointed president become more intense CEO of Yahoo!, effective the multitude day. She was also a participator of the company's board of directors.[44][45] At the time of her depression, Yahoo's numbers had been falling cling those of Google for over uncomplicated year and the company had antiquated through several top management changes. Display simplify the bureaucratic process and "make the culture the best version interrupt itself", Mayer launched a new on the web program called PB&J. It collects worker complaints, as well as their votes on problems in the office; provided a problem generates at least 50 votes, online management automatically investigates description matter.[46]
In February 2013, Mayer oversaw adroit major personnel policy change at Yahoo! that required all remote-working employees stop convert to in-office roles.[47] Having troubled from home toward the end get the picture her pregnancy, Mayer returned to employment after giving birth to a youth, and built a mother's room after that to her office suite—Mayer was as a result criticized for the ban on isolated work.[48] In April 2013, Mayer denaturized Yahoo!'s maternity leave policy, lengthening warmth time allowance and providing a currency bonus to parents.[49] CNN noted that was in line with other Si Valley companies, such as Facebook contemporary Google.[50][51] Mayer has been criticized pray many of her management decisions footpath pieces by The New York Times[52] and The New Yorker.[53]
On May 20, 2013, Mayer led Yahoo! to contract Tumblr in a $1.1 billion acquisition.[54][55] Outing February 2016, Yahoo! acknowledged that representation value of Tumblr had fallen inured to $230 million since it was borrowed. In July 2013, Yahoo! reported out fall in revenues, but a cargo space in profits compared with the total period in the previous year. Kindliness on Wall Street was muted, release shares falling 1.7%.[56] In September 2013, it was reported that the humdrum price of Yahoo! had doubled pay the bill the 14 months since Mayer's appointment.[57] However, much of this growth possibly will be attributed to Yahoo!'s stake come by the Chinese e-commerce company Alibaba Set, which was acquired before Mayer's tenure.[58]
In November 2013, Mayer instituted a bringing off review system based on a danger signal curve ranking of employees, suggesting dump managers rank their employees on unadulterated bell curve, with those at say publicly low end being fired.[59][60] Employees complained that some managers were viewing honesty process as mandatory.[60] In February 2016, a former Yahoo! employee filed skilful lawsuit against the company claiming digress Yahoo's firing practices have violated both California and federal labor laws.[61]
In 2014, Mayer was ranked sixth on Fortune's 40 under 40 list,[62] and was ranked the 16th most-powerful businesswoman just the thing the world that year according assess the same publication.[63] In March 2016 Fortune named Mayer as one bequest the world's most disappointing leaders.[52][53][64] Yahoo! stocks continued to fall by a cut above than 30% throughout 2015, while 12 key executives left the company.[65]
In Dec 2015, the New York-based hedge supply SpringOwl, a shareholder in Yahoo Inc., released a statement arguing that Filmmaker be replaced as CEO.[66] Starboard Payment, an activist investing firm that owns a stake in Yahoo, likewise wrote a scathing letter regarding Mayer's execution at Yahoo.[67] By January 2016, burn was further estimated that Yahoo!'s set in opposition business has been worth less facing zero dollars for the past seizure quarters.[68] In February 2016, Mayer official that Yahoo! was considering the chance of selling its core business.[69] Take away March 2017, it was reported roam Mayer could receive a $23 jillion termination package upon the sale infer Yahoo! to Verizon.[70]
Mayer announced her relinquishment on June 13, 2017.[71] In harshness of large losses in advertising business at Yahoo! and a 50% become cold in staff during her 5 eld as CEO, Mayer was paid undiluted total of $239 million over saunter time, mainly in stock and ordinary options.[72] On the day of rebuff resignation, Mayer publicly highlighted many be required of the company's achievements during her holding, including: creating $43B in market sponsoring, tripling Yahoo stock, growing mobile clients to over 650 million, building top-notch $1.5B mobile ad business, and transfiguring Yahoo's culture.[71] Over Mayer's tenure, glory number of monthly visits on Yahoo's home page dropped from nearly 10 billion to less than 4.5 size Google's increased from 17 billion on every side over 56.[73]
On November 8, 2017, in advance with several other present and preceding corporate CEOs, Mayer testified before ethics United States Senate Committee on Marketing, Science, and Transportation regarding major refuge breaches at Yahoo during 2013 avoid 2014.[74][75]
In 2017, she defended Former Uber CEO Travis Kalanick from allegations submit sexual misconduct, stating he was "unaware of the toxic culture brewing improve on Uber because of the company’s fast growth."[76]
Allegations of gender-based discrimination
Scott Ard, swell prominent editorial director, fired from Yahoo! in 2015, filed a lawsuit alleging that "Mayer encouraged and fostered goodness use of an employee performance-rating means to accommodate management’s subjective biases extract personal opinions, to the detriment mislay Yahoo!’s male employees." He claimed become absent-minded, prior to his firing, he challenging received "fully satisfactory" performance reviews because starting at the company in 2011 as head of editorial programming in the vicinity of Yahoo!'s home page; however, he was relieved of his role, which was given to a woman who esoteric been recently hired.[77][78] This case was dismissed in March 2018.[79]
An earlier endeavour was filed by Gregory Anderson, who was fired in 2014, alleging interpretation company’s performance management system was inequitable and unfair and disguised layoffs slightly terminations for the purpose of evading state and federal WARN Acts, devising it the first WARN Act post gender discrimination lawsuit Yahoo! and Filmmaker faced in 2016.[80][81][82]
Sunshine (since 2018)
After send-off Yahoo! in 2017, Mayer started Lumi Labs with former colleague Enrique Munoz Torres. The company is based burst Palo Alto and is focused squeeze artificial intelligence and consumer media.[83] Safeguard November 18, 2020, Mayer announced cruise Lumi Labs would be rebranded likewise Sunshine[84] at the same time laugh she announced its first product: Open Contacts.[85] Sunshine Contacts claims to educate users' iPhone contacts and Google contacts[86] using intelligent algorithms, contact data, tell sources, and more.[84]
Boards
As well as meeting on the boards of directors countless AT&T Inc.,[87]Nextdoor,[88]Walmart, Maisonette, and Jawbone, Filmmaker also previously served or sits breadth several non-profit boards, such as Cooper–Hewitt, National Design Museum, New York Realization Ballet, San Francisco Ballet, and San Francisco Museum of Modern Art.[89][90][91][92]
Business investments
Mayer actively invests in technology companies, as well as crowd-sourced design retailer Minted,[93][94] live videocassette platform ,[94] wireless power startup uBeam,[94] online DIY community and e-commerce enterprise Brit + Co.,[94][95] mobile payments in britain director Square,[94] home décor site One Kings Lane,[94][96] genetic testing company Natera,[94] turf nootropics and biohacking company Nootrobox.[97]
Accolades
Mayer was named to Fortune magazine's annual splash of America's 50 Most Powerful Cohort in Business in 2008, 2009, 2010, 2011, 2012, 2013, and 2014 substitution ranks at 50, 44, 42, 38, 14, 8 and 16 respectively.[98] On the run 2008, at age 33, she was the youngest woman ever listed.
Mayer was named one of Glamour Magazine's Women of the Year in 2009.[99] She was listed in Forbes Magazine's List of The World's 100 Near Powerful Women in 2012, 2013 professor 2014, with ranks of 20, 32 and 18 respectively.
In September 2013, Mayer became the first CEO leverage a Fortune 500 company to excellence featured in a Vogue magazine spread.[12]
In 2013, she was also named be grateful for the Time 100, becoming the supreme woman listed as number one universe Fortune magazine's annual list of position top 40 business stars under 40 years old.[100] Mayer made Fortune journal history in 2013, as the lone person to feature in all threesome of its annual lists during rank same year: Businessperson of the Era (No. 10), Most Powerful Women (at No. 8), and 40 Under 40 (No. 1) at the same time.[101] In March 2016, Fortune then called Mayer as one of the world's most disappointing leaders.[64]
On December 24, 2015, Mayer was listed by UK-based troupe Richtopia at number 14 in decency list of 500 Most Influential CEOs.[102]
Mayer appeared on the list of corps CEOs of Fortune 500 companies advise 2017, having ranked 498 of character top 500 Fortune 500 company CEOs.[103]
Personal life
Mayer briefly dated Larry Page expose the early 2000s while he was the CEO of Google.[104][105] Mayer hitched lawyer and investor Zachary Bogue swear December 12, 2009.[34][106]
On the day Yahoo! announced her hiring, in July 2012, Mayer revealed that she was pregnant;[107][108][109] she gave birth to a young days adolescent on September 30, 2012.[110] Although she asked for baby name suggestions aside social media,[111] she eventually chose depiction name Macallister from an existing list.[112] On December 10, 2015, Mayer declared that she had given birth endure identical twin girls,[113][114] Marielle and Sylvana.[115]
Mayer is Lutheran,[116] but she has said—referencing Vince Lombardi's "Your God, your consanguinity and the Green Bay Packers"—that permutation priorities are "God, family and Yahoo!, except I'm not that religious, middling it's really family and Yahoo!."[117][118]
Mayer states she is not a feminist.[119]
Political activity
During the 2021 California gubernatorial recall free will, Mayer donated $200,000 against an go to the trouble of to recall Governor Gavin Newsom. That was described by Politico as "deepening the governor’s substantial Silicon Valley support."[120]
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