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News Summary: Google exec Mayer named Yahoo CEO

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News Summary: Google exec Mayer named Yahoo CEO
Submitted by Fox First at Ten on July 16th

By The Associated Press

NEW JOB: Yahoo is luring longtime Google executive Marissa Mayer to be its next CEO. She starts Tuesday.

OLD JOB: Mayer was one of Google's earliest employees and was most recently responsible for its mapping, local and location services.

NEW FACE, OLD CHALLENGE: She's the fifth CEO in five years as the company struggles to rebound from financial malaise and internal turmoil.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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