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Yahoo's (YHOO -0.8%) latest executive changes: HR chief David Windley has left as part of a...

Yahoo's (YHOO -0.8%) latest executive changes: HR chief David Windley has left as part of a department shake-up, and co-founder David Filo, who has maintained a low profile in recent years, will now be reporting to CEO Marissa Mayer. Also, legal exec Ron Bell has become Yahoo's permanent general counsel - Mike Callahan, the prior holder of that title, resigned following the Facebook debacle. Stifel downgraded Yahoo to Hold today on concerns about Mayer's cash-deployment review.(previous: I, II, III)
Comments (1)
  • tomami
    , contributor
    Comments (112) | Send Message
    I am betting on Marissa Mayer to turn Yahoo around and make it a great company. I do not expect this to happy soon; there is lot of work to be done. Yahoo has been moving sideways for a long time. The company did a great thing when they hired her. I can just hear her former employees at Google wondering and questioning her move to Yahoo. She has a lot to do to turn this company around. But if anyone can do it it would be her, I am extremely confident that she is the right person for this job. I personally hope she uses the money from the sale to grow Yahoo. It will bring more value in the long run than a one time dividend to shareholders. I have already noticed a difference with minor changes and a reorganization of positions in the company. I am sure she will attract some talented people to Yahoo. I really believe this company will do well under her leadership. This is not a play for traders, but a long-term investment opportunity for people who believe it is important to have a "doer" at the helm than a "bluffer". Marissa is a doer and she is going to propel Yahoo's stock price to new heights. It is going to be exciting to watch. I am LONG on Yahoo under Marissa's watch.
    13 Aug 2012, 01:36 PM Reply Like
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