Google Exec Marissa Mayer Named Yahoo’s New CEO

Top Google executive Marissa Mayer, the company’s VP of local, maps and location services, has resigned from Google to take on the role of CEO of struggling rival web company Yahoo, the New York Times Dealbook reports. Mayer, Google’s 20th employee and the one responsible for the design of much of its services, is reported to have resigned from Google by phone. Mayer will start her new job tomorrow. As Dealbook reported:

Mayer said she “had an amazing time at Google,” where she has worked for the past 13 years, but that ultimately “it was a reasonably easy decision” to take the top job at Yahoo. She said Yahoo is “one of the best brands on the Internet.”

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