Well, Levinsohn's days in the captain's chair are over. And this time, the new Chief Yahoo! might actually have a shot at turning this sinking boat around.
Say hello to Marissa Mayer, employee No. 20 when Google
Mayer is the kind of Silicon Valley superstar whom other companies dream about putting in their executive suites but never get the chance. At Google, she was a leader and a visionary, credited with important moves and design decisions like the uncluttered search interface and the head-turning Gmail service.
This is not quite like luring Tim Cook out of Apple
If I could tell you exactly what the new strategy will look like, I'd be pulling down seven-figure paychecks in Silicon Valley. But I do expect the Yahoo! empire to grow simpler, tighter, and more elegant in the coming months. That's how Mayer rolls, after all.
Add the stock to your Foolish Watchlist and watch as the company becomes more like the two takes on industrial sophistication espoused by Google and Apple, and less like the fatally sprawling AOL. Marissa Mayer understands that consumers respond to elegant tools and services, and in my mind that could make all the difference.
Yahoo! may have found its CEO for the next decade right here. I have a bullish CAPScall riding on Yahoo!, and I suddenly feel a lot more comfortable with that pick.
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