Marissa Mayer

AAA

DEFINITION of 'Marissa Mayer'

Marissa Mayer, the CEO of Yahoo as of 2014, was born in 1975 in Wausau, Wisconsin. She attended Stanford, where she earned a bachelor’s degree in symbolic systems and artificial intelligence and a Master’s degree in computer science with an emphasis on artificial intelligence. While there, she also taught computer science to thousands of undergraduate students and received awards for her teaching. Mayer also holds an honorary doctorate in engineering from the Illinois Institute of Technology.

After graduating, Mayer received numerous job offers and chose to begin her career at Google in 1999 as the company’s 20th employee. She worked there until 2012 as an engineer, designer, product manager and executive and held several vice president positions in different departments. Initially, she worked on high-profile projects like the site’s homepage, but later appeared to be demoted to the seemingly less important Google Maps. Still, in her 13 years at the company, she accomplished a great deal. She also worked on Google Earth, Street View, Search, Gmail and Google News during her tenure. She was in charge of approving the unique Google doodles on the site’s home page. She also founded a program at Google that is recognized as an industry standard for developing computer science graduates into executives. Some of her work at Google led to her being named as an inventor on several patents.

When she left Google to become CEO of Yahoo at age 37, the position was expected to go to Yahoo’s then-interim CEO Ross Levinsohn. At the time, the company was performing poorly and she was its fifth CEO in as many years. One year after Mayer took over, Yahoo’s stock price had doubled, and she earned nearly $25 million in salary and stock options for her work in 2013. Fortune magazine included her on its 40 Under 40 list in 2013 for her accomplishments as a business leader. It also named her to its 50 Most Powerful Women in Business list.

Mayer is married and has a son. She has served as a director on several boards, including Yahoo, Aliph, Walmart, the San Francisco Museum of Modern Art and the New York City Ballet. 

Mayer is also known for putting the customer experience before pleasing shareholders and for eliminating a Yahoo policy that allowed employees to work from home.

INVESTOPEDIA EXPLAINS 'Marissa Mayer'

RELATED TERMS
  1. Sergey Brin

    Sergey Brin is best known as the co-founder of Google.
  2. Amancio Ortega

    Spaniard Amancio Ortega founded the world’s largest fashion ...
  3. Christy Walton

    Christy Walton is one of the world’s wealthiest people, with ...
  4. Sheldon Aldeson

    Sheldon Aldeson, chairman and CEO of Las Vegas Sands Corp., is ...
  5. Jeff Bezos

    Self-made billionaire Jeff Bezos is famous for founding online ...
  6. Ann S. Moore

    Has served as the chairman and CEO of magazine company Time, ...
Related Articles
  1. Investing Basics

    Muriel Siebert: Female Finance Pioneer

  2. Fundamental Analysis

    How To Use The Top Yahoo! Finance Tools

  3. Yahoo! Finance Vs. Google Finance
    Investing Basics

    Yahoo! Finance Vs. Google Finance: Which ...

  4. Don't Believe The Hype About A Yahoo Turnaround
    Stock Analysis

    Don't Believe The Hype About A Yahoo ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center