Are Marissa Mayer’s Days as Yahoo CEO Numbered?

The rumor mill is churning harder than ever about Yahoo CEO Marissa Mayer (pictured). Although she?EU?s managed to become Yahoo's longest tenured CEO in recent history -- before she took the reigns the company had had six chiefs in as many years -- the clamor is growing for her to be replaced.

Indeed, Mayer is taking a hit for Yahoo?EU?s less-than-stellar stock market performance. There?EU?s no fudging the numbers. The company?EU?s stock is down more than 30 percent this year and her move to make investors happy by selling its stake in Chinese e-commerce giant Alibaba may not pan out in the end -- or at least not quickly enough to save her skin.

In September, Scott Galloway, professor of marketing at NYU Stern School of Business, told Bloomberg Surveillance that if she hadn?EU?t announced she was pregnant with twins, she'd be out of a job within six months.

"I don't think any board in America right now in technology that's as visible as Yahoo wants to be seen as not leaning in," Galloway said, alluding to the book, "Lean In: Women, Work, and the Will to Lead" by Facebook chief operating officer Sheryl Sandberg. "She got a reprieve from death row because she's pregnant with twins."

Publicly Attacked

Those are strong words but some even stronger ones followed. In October, Eric Jackson, managing director of Ader Investment Management who had historically supported Mayer, called for her resignation in a Real Money op-ed titled, ?EU?Why Yahoo! CEO Marissa Mayer Must Go.?EU? He outlined 12 concerns based on Yahoo's Q3 2015 earnings call alone.

?EU?Mayer commonly throws in words on her call such as ?EU?as you know?EU? and ?EU?as we discussed on our last call,?EU??EU? he wrote. ?EU?This kind of language is the height of arrogance and disdain toward shareholders and analysts. What she's saying is essentially...

Comments are closed.