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

    Muriel Siebert has blazed many paths for investors, but is especially relevant as the first woman to sit on the NYSE.
  2. Fundamental Analysis

    How To Use The Top Yahoo! Finance Tools

    Yahoo has a set of tools that rival the professional ones so individuals are not at a disadvantage. Here is a guide for investors to find the top tools.
  3. Yahoo! Finance Vs. Google Finance
    Investing Basics

    Yahoo! Finance Vs. Google Finance: Which Should You Use?

    Thanks to sites like Yahoo Finance and Google Finance, millions of investors are able to analyze markets on their own.
  4. Don't Believe The Hype About A Yahoo Turnaround
    Stock Analysis

    Don't Believe The Hype About A Yahoo Turnaround

    Yahoo Chief Executive Marissa Mayer has recently claimed the company's core display advertising business is starting to show signs of a turnaround. Unfortunately, there may be less to this achievement ...
  5. Professionals

    How Companies Can Attract Top Female Employees

    Companies need to make an effort to learn how to attract and retain female employees in order to achieve a greater gender balance in the workplace.
  6. Professionals

    The Dawn Of The Age Of Female CEOs

    A new report highlights the fact that of all the Fortune 500 companies, there are now 20 female CEOs heading up these companies.
  7. Fundamental Analysis

    Female Managers Can Raise Share Values

    Women are quite capable of proving their worth in raising corporate value through various financial, managerial and human capabilities.
  8. Personal Finance

    3 Big Reasons Why Marissa Mayer's Hiring Is A Huge Win For Yahoo!

    Marissa Mayer doesn't need the money, so the fact that she accepted the CEO position shows that she has confidence in Yahoo!.
  9. Entrepreneurship

    Female CEOs Who Climbed The Corporate Ladder

    These women climbed the ladder and broke the glass ceiling.
  10. Entrepreneurship

    The CEO Dream Team - Walton, Schwab, Marcus And Blank

    The successes of these three CEOs can be linked back to one common factor: customer service.

You May Also Like

Hot Definitions
  1. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  2. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  3. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  4. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
  5. Free Carrier - FCA

    A trade term requiring the seller to deliver goods to a named airport, terminal, or other place where the carrier operates. ...
  6. Law Of Supply And Demand

    A theory explaining the interaction between the supply of a resource and the demand for that resource. The law of supply ...
Trading Center