Since joining Yahoo as CEO in July, Marissa Mayer has remade the executive team, sometimes replacing people abruptly.
Yahoo just filed its annual report with the SEC, and the introduction makes two things clear:
- Yahoo's management thinks a complete list of Yahoo's executive team is important information for shareholders. (It wasn't included in last year's annual report—Yahoo just published the names of the top five executives as required by SEC regulations.)
- It's also important to highlight how most of those executives are either new to their roles or new to the company altogether, and to give the timetable of when they arrived or assumed their jobs.
Under the legalese of the annual report, it's a startingly clear message.
Here's the section from the 10-K:
EXECUTIVE LEADERSHIP
Since the beginning of 2012, we have made key changes to enhance our executive leadership team. Marissa Mayer became our Chief Executive Officer and President on July 17, 2012. Today, the management team reporting to the Chief Executive Officer is:
Ron Bell—became General Counsel and Secretary on August 13, 2012;
Jackie Reses—became Executive Vice President of People and Development on September 7, 2012;
Kathy Savitt—became Chief Marketing Officer on September 14, 2012;
Ken Goldman—became Chief Financial Officer on October 22, 2012;
Adam Cahan—became Senior Vice President of Mobile & Emerging Products on October 25, 2012;
Henrique de Castro—became Chief Operating Officer on November 12, 2012;
Jay Rossiter—became Executive Vice President of Cloud Platforms on November 13, 2012;
David Filo—Co-Founder and Chief Yahoo;
David Dibble—Executive Vice President of Central Technology;
Scott Burke—Senior Vice President, Display Advertising and Advertising Technology; and
Laurence Mann—Senior Vice President, Search.
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