Yahoo! Inc. (NASDAQ: YHOO) has begun the search for a chief operating officer who would be number two to new CEO Marissa Mayer. AllThingsD reports that the person would need turnaround and financial experience. Yahoo! has been turning itself around for years, so it may as well get someone who can do the job adroitly. The tech news site reports:
In any case, those candidates contacted recently have been told that the company is looking for a top exec with a focus on restructuring and also finance. Presumably, in this scenario, Mayer will focus on product and innovation - her strengths - while the COO would perhaps be responsible for making the trains run on time on the business side of Yahoo. A plethora of employees who have met with her have stressed her intense interest in products, which is mirrored by much less attention to more mundane business issues.
Douglas A. McIntyre
Filed under: 24/7 Wall St. Wire, Management Change Tagged: YHOO