3 ms·
Yep. I know this sounds harsh, and this is pure conjecture on my part, but the way I see it is that Marissa Mayer is on a 5 year contract and after that she is
by yapcguy 13y ago
Yep.
I know this sounds harsh, and this is pure conjecture on my part, but the way I see it is that Marissa Mayer is on a 5 year contract and after that she is out of there, regardless of what state Yahoo is in.
If the company is a mess in 5 years time she can blame it on the culture which was resistant to change. She will simply jump onto the next gravy train via her big investor and board-room friends.
The WSJ and NYT say her total compensation over this period will be at least $100m+. All she has to do is sit tight, look as though she's busy, and hopefully keep the share price up to maximize her share options.
- tesseractive 13y agoConsidering that the company has burned through multiple CEOs already anyway, I think the case that the company was doomed if she didn't try some major moves is both obvious and compelling. The thing I like is that she's trying both the carrot and the stick at the same time: trying to make Yahoo a better place to work with Google-style amenities, while also making staff more accountable and slashing poor performers. She's also focusing the company much more heavily on mobile which is both obvious and necessary, but which wasn't taken nearly as seriously by previous execs. I don't know whether it will work or not, but this doesn't seem like a "marking time" strategy at all.