Yahoo! Inc. Chief Executive Officer Marissa Mayer has failed to spur growth at the Web portal 18 months after taking the job -- and the outlook isn’t improving as advertisers continue spending their money elsewhere.
Yahoo! Inc. named Marissa Mayer chief executive officer, appointing a technologist who has managed some of Google Inc.’s most popular products to help reverse market-share losses that fueled three years of sales declines at the biggest U.S. Web portal.