New Yahoo chief announces pregnancy as company posts lower earnings
Marissa Mayer took over as Yahoo's new chief executive Tuesday with two pieces of news to share with Yahoo's watchers, dpa reported.
First, she is pregnant with her first child, and second her new company again delivered a poor financial quarter as its net income fell 4.2 per cent from the same quarter a year ago.
Revenue was flat compared to a year earlier at 1.218 billion dollars, but the net income figure of 228.5 million dollar was better than analysts has expected. Mayer, 37, was a top executive at Google, whose appointment to one of the companies she had helped overtake was announced Monday in a surprise move.
While analysts applauded the appointment of the highly regarded female executive, her announcement that she was pregnant raised questions about her ability to run trouble Yahoo at a crucial time early in her tenure.
"Another piece of good news today - @zackbogue and I are expecting a new baby boy," Mayer tweeted, referring to her husband, a lawyer and tech investor. She pointed users to a Fortune.com article in which she revealed that the baby is due in October.
Mayer said that the Yahoo board was not concerned about her pregnancy and that she planned to return to work soon after the birth.
"I like to stay in the rhythm of things," she said. "My maternity leave will be a few weeks long, and I'll work throughout it."