Marissa Mayer: Yahoo To Focus On Product, Not Profit

Posted on Aug 9 2012 - 5:53am by Editorial Staff

“Yahoo to focus on product, not on profit,” the words Yahoo recently appointed CEO Marissa Mayer believes in. According to The Wall Street Journal – citing sources, Mayer currently working on reviewing Yahoo’s financials, with focus on company’s products – mainly its email and search services, and only then it will release a full strategic plan. Mayer also reportedly planning as well as strongly interested in acquiring or developing location based services providing users the real-time data about nearby businesses. Yahoo is paying its new CEO Marissa Mayer a total of close to $60 million. The sum includes salary, equity grants, stock options, payment for the Google shares she left behind and one-time $30 million retention award and strongly believes and hopes, this CEO selection will work well for the company.

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