Google Exec, Wal-Mart Board Member Marissa Mayer Named Yahoo CEO - Innovate Arkansas
Google Exec, Wal-Mart Board Member Marissa Mayer Named Yahoo CEO
By Associated Press, 7/16/2012 3:45:19 PM
SUNNYVALE, Calif. - Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil.
Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began her career at Google in 1999.
Ross Levinsohn has been running the company on an interim basis and had been thought to be the lead candidate. Levinsohn filled in after Scott Thompson lost his job in a flap over misinformation on his official biography.
Fred Amoroso, Yahoo's chairman, says the board was drawn to Mayer's "unparalleled track record in technology, design, and product execution."
Mayer was elected to the board of directors of Wal-Mart Stores Inc. of Bentonville in June.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, rewritten, broadcast or distributed.)
Welspun Tubular of Little Rock, Alliance Rubber of Hot Springs, Tyson Foods of Springdale and Conway Machine were the four Arkansas companies recognized Wednesday at the 2013 Governor's Award for Excellence in Global Trade.
University of Arkansas startup HomeDx won the elevator pitch portion and finished second overall in the graduate-level division of the 2013 Donald W. Reynolds Tri-State Governor's Cup business-plan competition Tuesday in Las Vegas.
Wal-Mart Stores Inc. of Bentonville is making a push to sell more U.S.-made goods and part of that effort includes promoting products made in Arkansas.
Northwest Technical Institute in Springdale has more prospective students than spots in its diesel and truck technology program. A future expansion in lab space could help the school, located in an area known nationally for its diesel tech jobs.