FinanceTechNews.comYahoo CEO skips earnings call » Finance Tech News

Yahoo CEO skips earnings call

July 18, 2012 by Valerie Helmbreck
Posted in: In this week's e-newsletter, Latest News & Views, Search engines

The news that Google hot-shot Marissa Mayer would take over the reins of the struggling search company took many tech industry watchers by surprise. So it’s something of a puzzle that the new CEO opted to keep a low profile when analysts participated in this week’s earnings call.

Mayer’s profile was so low it was non-existant. She didn’t participate at all. Although it was her first day on the job and she may have needed time to digest Yahoo’s recent financials, it didn’t demonstrate that the new chief was exactly hitting the ground running.

The call was the first chance analysts might have had to hear about the direction Mayer intends to take with the company.

Instead, she let the company’s CFO handle the call.

Mayer replaces Scott Thompson, who departed Yahoo after it was revealed that his resume and his credentials weren’t a match.

 

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