Yahoo`s latest CEO, Marissa Mayer, isn`t wasting any time getting the turnaround ball rolling. Even as numbers about her pay scale and potential bonuses are hitting the news wires -- the pay package is reportedly as high as $100 million over the next five years if she can turn the company around -- Mayer is rallying the troops.
The former Googler`s first internal memo confessed she has long been a Yahoo fan and said she is honored to join the company. Mayer called Yahoo an Internet icon and pointed to enormous opportunity ahead. Then she got "real."
"The company has been through a lot of change in the past few months, leaving many open questions around strategy and how to move forward. I am sensitive to this," Mayer wrote. "While I have some ideas, I need to develop a more informed perspective before making strategy or direction changes. In the meantime, please do not stop. You are doing important work. Please don`t stop."
Mayer`s Open-Door Policy
Mayer said companies are all about people, and the companies with the best talent win. Joining was an easy decision, she continued, because of the strength of Yahoo`s talent. She committed to a continued investment in talent that will allow the company to produce what she called "the most compelling and exciting user experiences anywhere."
"Looking forward, we need to continue Yahoo`s tradition of bold innovation, encourage creativity, and ultimately inspire and delight users and advertisers," Mayer wrote. "Please come by my office in building D on the third floor and say hello. I cannot wait to hear your ideas for Yahoo`s future."
Rob Enderle, principal analyst at the Enderle Group, noted that Mayer was fully critical to the launch of Google, and told us he believes she is more qualified to run Google than is Larry Page.
Mayer`s Pregnancy Advantage
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