Yahoo - Before and After 4 Years Under Marissa Mayer

When Yahoo appointed Marissa Mayer as CEO in July 2012 her mission was clear: Find a way to stop the iconic company’s decline and bring it back to its glory days. Four years later, it seems pretty clear that this mission has and will not be accomplished. Yahoo’s core business continues to decline and the company is currently looking for a buyer to take over what is left of it.

During yesterday’s earnings call, Mayer defended her track record at the helm of Yahoo. "We took a hard, honest look at where we were and where we wanted to be and have taken necessary steps to get there," she said explaining her efforts to “create a better Yahoo”. Whatever the steps may have been, the outcome is sobering. As our chart illustrates, Yahoo’s results have worsened in pretty much every respect over the past four years. Despite the lackluster results, Yahoo’s shareholders don’t have much to complain about Mayer’s tenure: the company’s share price more than doubled since she was appointed four years ago.

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This chart shows how Yahoo's results have changed after four years under CEO Marissa Mayer.

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Degree to which chief executive officers (CEOs) actively championed customer experience (CX) at their organizations according to CX practitioners worldwide as of 1st quarter 2024
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Organizational changes with regards to chief marketing officers (CMOs) and/or marketing according to chief executive officers (CEOs) in the United States as of January 2025
Forbes ranking of the 20 most powerful CEOs aged 40 and under in the U.S. in 2012, by market cap of company (in billion U.S. dollars)
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Share of M&A experts who would fit M&A into their corporate strategy from 2013 to 2023
Share of Yahoo in the mobile search engine market across India from June 2019 to February 2024
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Share of achieved synergies compared to the value of synergies identified at the time of the deal worldwide in 2018

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