Yahoo Inc With The War To Change Its Management Team
company founded on March 1995 and the current CEO is Marissa A. Mayer.
Recently, critics believe that the company needs a change in its
management team; they believe that the company has not been performing
to expectation because of its vast potentials which has not been
Critics felt that after a whole series of mergers and acquisitions,
Yahoo Inc, is supposed to be topping all internet companies in terms
of service delivery. The company has spent a very whole lots of money
in the past few years to make merger with other great companies like
Tumblr, Skyphrase, Bookpad, Pollyvore, Pictogram, etc. but with very
tiny achievements to show for the merger effect.
Tension heightened when Yahoo Inc, shares rose 0.6% on Wednesday in a
declining market, shrugging off the latest
salvo against the company from activist investor Starboard Value LP.
An internet source said and I quote, "Most of Yahoo's current value
stems from its investment in Alibaba Group Holding Ltd. and the good
fortune that Alibaba's management team has executed well such that
this investment today is worth over $30 billion,"
Yahoo's current market cap is about $30.5 billion, but in the past 12
months, Yahoo shares have fallen 34% in the market; which is exactly
one of the reasons why critics keep insisting on the change of Yahoo
Inc. management team.