+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Marissa Mayer fires back at departing execs

Oct 21, 2015, 05:00 IST

Yahoo fired back at the recent wave of departing executives, saying that the leadership changes were the result of "careful planning" by Yahoo itself in order to bring in fresh blood.

Advertisement

"Recently, there has been external interest and speculation in a few shifts amidst our management team. The design and changes in Yahoo's leadership team are the result of careful planning to achieve the necessary skills, passion, and the ability to execute growth in our business. Our leadership team today is unequivocally the strongest during my tenure."

The comments, made by CEO Marissa Mayer during the Q3 conference call and echoed by Yahoo's corporate Twitter account, were a rare personal attack against departing colleagues, even if Yahoo did not call anyone out by name. 

Yahoo has experienced a lot of change in its senior management ranks in recent months. 

Jackie Reses, who was one of CEO Marissa Mayer's key lieutenants and chief development officer, recently left to join Square. And marketing boss Kathy Savitt, another handpicked Mayer hire, left last month. Several others have left recently too.

While Mayer didn't name any names, she's basically saying that the departing executives were lacking in skills, ability, and passion. That may be true, but it's strange for Mayer to be saying it, since she handpicked many of those people to be part of her team. 

NOW WATCH: Ashley Madison hack reveals the states where people cheat the most

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article