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Google exec Marissa Mayer named Yahoo CEO

FILE- In this Monday April 19 2010 file phoGoogle vice president search products user experience MarissMayer attends 2010 Matrix Awards

FILE- In this Monday, April 19, 2010 file photo, Google vice president of search products and user experience, Marissa Mayer, attends the 2010 Matrix Awards presented by the New York Women in Communications at the Waldorf-Astoria Hotel in New York. Yahoo announced Monday, July 16, 2012, that it is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil. Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google’s earliest employees and was most recently responsible for its mapping, local and location services. (AP Photo/Evan Agostini)

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Updated: July 16, 2012 3:53PM



SUNNYVALE, Calif. (AP) — Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil.

Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google’s earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began her career at Google in 1999.

Ross Levinsohn has been running the company on an interim basis and had been thought to be the lead candidate. Levinsohn filled in after Scott Thompson lost his job in a flap over misinformation on his official biography.

Fred Amoroso, Yahoo’s chairman, says the board was drawn to Mayer’s “unparalleled track record in technology, design, and product execution.”



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