(AP) Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from years of financial malaise and internal turmoil.
Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google's earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began her career at Google in 1999.
Ross Levinsohn has been running the company on an interim basis and had been thought to be the lead candidate. Levinsohn filled in after Scott Thompson lost his job in a flap over misinformation on his official biography.
Fred Amoroso, Yahoo's chairman, says the board was drawn to Mayer's "unparalleled track record in technology, design, and product execution.''
The New York Times reports Mayer is responsible for some of Google's most popular products, like Gmail, Google News and the simple white search homepage.
Mayer said in Yahoo press release, "I am honored and delighted to lead Yahoo!, one of the internet's premier destinations for more than 700 million users. I look forward to working with the Company's dedicated employees to bring innovative products, content, and personalized experiences to users and advertisers all around the world."