Marissa Mayer fades out as Yahoo ends its run
http://ift.tt/2tcYzRG Marissa Mayer Marissa Mayer was hailed as Yahoo’s savior when she took charge of the pioneering internet firm five years ago. But Mayer was unable to stem the decline of the iconic Silicon Valley company, which is set to close a deal on Tuesday selling its core internet operations to telecom giant Verizon. She is likely headed for the exit as Yahoo ends two-decade run as an independent company, getting a departure package worth an estimated $186 million. Mayer inherited a company in protracted decline, having lost its leadership as an internet search company to Google and falling behind others like Facebook in serving money-making ads to users. She is the latest in a line of chief executives who tried to reinvent Yahoo, and her experience at rival Google inspired hope. “Marissa inherited a mess, in a company that had already lost its leadership role in search,” said Creative Strategies president and analyst Tim Bajarin, who has known Yahoo since its ...