"Marissa Mayer, the former Google exec apparently pushed aside when Larry Page became CEO of the search engine last year, has become Yahoo's new boss in a move that has surprised Silicon Valley.
"Yahoo! today announced that it has appointed Marissa Mayer as President and Chief Executive Officer and Member of the Board of Directors effective July 17, 2012," the company confirmed in a rather dry statement.
It added: "The appointment of Ms Mayer, a leading consumer internet executive, signals a renewed focus on product innovation to drive user experience and advertising revenue for one of the world's largest consumer internet brands, whose leading properties include Yahoo! Finance, Yahoo! Sports, Yahoo! Mobile, Yahoo! Mail, and Yahoo! Search."'
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