Complex Made Simple

Yahoo appoints Google’s Mayer as CEO

Yahoo Inc. has named Google Inc.'s Marissa Mayer as its new CEO, turning to an engineer with established Silicon Valley credentials to turn around the struggling former internet powerhouse, Reuters has reported. Mayer edged out front-runner and acting chief executive Ross Levinsohn to become Yahoo's third CEO in a year. Mayer, Google's 20th employee and first female engineer, has led a number of its businesses, and was credited for envisioning the clean, simple Google search interface still in use today, a major selling point for web surfers. "This is a very competitive and a tough space. I don't think that success is by any means guaranteed," she said. "My focus is always end-users, great technology and terrific talent."