Marissa Mayer Success Story
Marissa Mayer was born on May 30, 1975 at Wausau, Wisconsin. Her father was an environmental engineer and her mother was an art teacher. Her dream was to study at the Stanford University. She fulfilled her dream by graduating from Stanford University with a Bachelor of Science Degree in Symbolic Systems and a Masters in Science in Computer Science. She was an extremely intelligent student and specialized in artificial intelligence at her university. She graduated from Wausau West High School in 1993, where she was outstanding at both math and science.
At school she was selected to attend the National Youth Science Camp, and that too recommended by the Governor of Wisconsin itself.As she had graduated out of a prestigious university like Stanford and was an honor student, she received more than 20 high paying job offers.
But she ignored these high profiles and chose to join a start-up company called Google in 1999. She was only the 20th employee at the company, and was paid far lesser than her credentials as it was just a start-up company. She worked for 13 years at the company. Her contributions have made Google to go from being a small start-up company to become a global super power and the No.1 internet company in the world today.
At Google she worked in the roles of designer, product manager, engineer and executive. She was involved in bringing out the most important products that Google had to offer. She has been involved in almost all the major projects of Google including Google Search, Google Images, Google News, iGoogle, Gmail, Google Maps, etc. In 2009, just 10 years after joining the company, she was made Vice-President of Search Products and User Experience. She has played an important role in taking a start-up like Google and to make it a $30 billion company in 2010.
But she touched the greatest point in her career, when she joined rival company Yahoo as their CEO and President. The company was losing its search users day by day and it was in a situation where it would have to close out in another year or so. The share price was stagnant at $20 per share. The company was facing huge competition from Google and many companies like Microsoft were trying to buy it out.
Yahoo was facing its worst period, but Mayer had the perfect plan to get it back to the top. She started creating interest in the employees, changed the whole management and made Yahoo focus on the single goal of creating new products. Within a month, the results were visible.
By the end of 2013, the share price of Yahoo has reached a record $40 per share, which no one financial expert could have expected a few months back. As of 2013, Yahoo is the company with the highest profit percentage among the Fortune 500 companies at nearly 75%. It has total revenues of $5 billion, out of which $4 billion are profits. Marissa Mayer has been paid $120 million for her five year term at Yahoo.
As of today, her net worth is in excess of $320 million. She has made it to the list of America’s 50 Most Powerful Women in the World for six years in a row from 2008-2013. She has been named in the Time 100 in 2013, and is considered as one of the most powerful women in the world right now.
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