+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Marissa Mayer just gave what sounded a lot like a farewell speech

Jul 19, 2016, 05:15 IST

Marissa Mayer, President and CEO of Yahoo, participates in a panel discussion at the 2015 Fortune Global Forum in San Francisco, California November 3, 2015.REUTERS/Elijah Nouvelage

Marissa Mayer just delivered Yahoo's quarterly earnings results for the 18th time since she was appointed CEO exactly four year ago.

Advertisement

With Yahoo currently up for sale, it's reasonable to wonder whether there will be a 19th or 20th earnings conference call with Mayer at the helm.

Mayer did not provide an update on the sales process, even though the final round of bids for groups interested in acquiring Yahoo are reportedly due today. Instead, she stuck to walking investors through another lackluster set of quarterly results.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

But after her introductory remarks, Mayer gave what sounded a lot like a farewell speech.

The 41-year-old CEO, who was hired from Google four years ago to revitalize the struggling web company, defended her track record and insisted that the company was in a better position than when she took control.

Advertisement

Yahoo's business has been dramatically simplified, Mayer said, its bloated headcount bought back to 2005 levels and its portfolio of online products "refreshed."

"I remain confident these are the right steps to create a better Yahoo," Mayer said.

Despite what she called a lot of "distractions and uncertainty," Mayer praised Yahoo's employees for laying the groundwork and for setting the foundation for Yahoo's "next chapter."

NOW WATCH: 4 things you didn't know your iPhone could do

Please enable Javascript to watch this video
Next Article