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Dissecting Marissa Mayer’s $900,000-a-Week Yahoo Paycheck - The New York Times
She was essentially hired by one hedge-fund manager, Daniel S. Loeb, who got her predecessor fired and won three seats on Yahoo’s board in 2012. Mr. Loeb was particularly interested in finding a way to unlock the value of Yahoo’s stake in Alibaba, which was already shaping up to be one of China’s leading internet companies. He pushed the board to recruit a star like Ms. Mayer to get people excited about a company that had been stumbling for years.

When Ms. Mayer’s early efforts to turn around Yahoo’s business and spin off the Alibaba shares failed to bear fruit, another hedge fund manager, Jeffrey C. Smith of Starboard Value, led a campaign to push for her ouster. Mr. Smith eventually garnered four board seats so he could keep the pressure on.

Yahoo declined to comment for this article, citing this coming Thursday’s shareholder vote to approve the Verizon deal. Ms. Mayer and the board chairman, Maynard Webb, who approved her pay packages, also declined interview requests. So did Mr. Smith.
yahoo  goldenparachutes 
june 2017 by kme
How Marissa Mayer Figured Out Work-At-Home Yahoos Were Slacking Off - Business Insider
Last week, Yahoo banned employees from working from home.

How did CEO Marissa Mayer decide to make such a controversial decision?

According to a source, the only way Mayer is comfortable making any decision: with the help of data.

Like a lot of companies, Yahoo has something called a Virtual Private Network or VPN. Remote workers can use it to securely log into Yahoo's network and do work.

(LifeHacker has a really good explanation of what a VPN is.)

After spending months frustrated at how empty Yahoo parking lots were, Mayer consulted Yahoo's VPN logs to see if remote employees were checking in enough.

Mayer discovered they were not — and her decision was made.
remotework  vpn  workingfromhome  slackingoff  datadriven  yahoo 
march 2013 by kme

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