Thursday 25 July 2013

Yahoo loses top media executive, Mickie Rosen

MUMBAI: Top Yahoo media executive Mickie Rosen is leaving the Internet giant.
The news comes as activist shareholder Daniel Loeb, the catalyst for upheaval at Yahoo in 2012, announced his resignation from Yahoo's board. Loeb's public push for change at Yahoo led to the hiring of Google executive Marissa Mayer as CEO and a revamp of its board. Rosen, who joined Yahoo in January 2011, has been the top media executive since the departure of former interim CEO Ross Levinsohn in August 2012.
Rosen oversaw Yahoo's content and commerce businesses, including powerful media properties Yahoo Sports, Movies, News, Shine and OMG! Prior to joining the internet giant, she worked with Levinsohn at Fuse Capital as an investment partner, and at Fox Interactive Media as senior VP entertainment. Previously, she spent time at Fandango and McKinsey & Company.
Based in Santa Monica. Yahoo has seen many key changes since Mayer took the top spot, including a buying spree that led to the acquisition of some 19 companies. Most of those have been shut down, with their staff assimilating into Yahoo (commonly known as "acqui-hiring," a tactic Google and other Silicon Valley companies use). Yahoo's biggest acquisition, the $1.1 billion purchase of Tumblr, will be operated as a standalone business.

Source: http://cablequest.org/news/national-news/item/2869-yahoo-loses-top-media-executive,-mickie-rosen.html
Source: http://cablequest.org/news/national-news/item/2869-yahoo-loses-top-media-executive,-mickie-rosen.html

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