Board 'absolutely' has confidence in CEO Mayer: Yahoo chairman
[NEW YORK] Yahoo's Chairman Maynard Webb said Wednesday that the board had full confidence in chief executive Marissa Mayer, despite the company still struggling to build the value of its Internet operations.
Asked on CNBC if the board retains complete confidence in Mayer after her three years at the helm, Webb replied: "Absolutely. I've had the distinct pleasure of running (it) with her now for three years, and I've never met anybody that works harder, that's smarter, and cares more." "So we want to help her return this great company to an iconic place where it belongs."
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think