Google (GOOG) Ticks Lower as Yahoo's (YHOO) Marissa Mayer Steals Henrique de Castro
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Google (NASDAQ: GOOG) is trading fractionally lower after-hours Monday after Yahoo's (NASDAQ: YHOO) new CEO Marissa Mayer grabbed another big name executive from the search engine powerhouse.
Former vice president of Google's worldwide Partner Business Solutions Henrique de Castro has been hired as Yahoo!'s new chief operating officer (COO).
"Henrique is an incredibly accomplished and rigorous business leader, and I'm personally excited to have him join Yahoo!'s strong leadership team," said Marissa Mayer, CEO of Yahoo!. "His operational experience in Internet advertising and his proven success in structuring and scaling global organizations make him the perfect fit for Yahoo! as we propel the business to its next phase of growth."
De Castro will join the company on or before January 22, 2013, or as soon as he has satisfied his obligations to his current employer.
Shares of Google last trade at $740.45, down less than 0.1%.
Former vice president of Google's worldwide Partner Business Solutions Henrique de Castro has been hired as Yahoo!'s new chief operating officer (COO).
"Henrique is an incredibly accomplished and rigorous business leader, and I'm personally excited to have him join Yahoo!'s strong leadership team," said Marissa Mayer, CEO of Yahoo!. "His operational experience in Internet advertising and his proven success in structuring and scaling global organizations make him the perfect fit for Yahoo! as we propel the business to its next phase of growth."
De Castro will join the company on or before January 22, 2013, or as soon as he has satisfied his obligations to his current employer.
Shares of Google last trade at $740.45, down less than 0.1%.
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