Since taking over in July, Meyer has seen the backs of Ross Levinsohn, the company’s interim CEO after Yahoo fired former CEO Scott Thompson for lying on his resume; Tim Morse, the company’s former CFO; human resources chief David Windley; and international HR head Marc Ketzel.
But it’s not all about exits. Meyer has also hired a new chief marketing officer, Kathy Savitt; a new head of HR, Jacqueline Reses; a new CFO, Ken Goldman; and new general counsel Ron Bell.
While it may be arguable about which of these firing-hirings is most important, Meyer’s first move may have been the signal — the first executives to go were Windley and Ketzel, both human resources executives. Yahoo and Meyer wants to put an end to a brain drain that has sapped Yahoo’s technical chops over the last few years.
Yahoo’s shares are down fractionally this afternoon, at $15.85 in a 52-week range of $14.35 to $16.79.
Paul Ausick
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