• Castro appointed COO of Yahoo
    19 replies, posted
[img]http://imgkk.com/i/2-_9.jpg[/img] [url]http://allthingsd.com/20121015/yahoo-confirms-hiring-of-googles-de-castro-as-coo-like-i-said/[/url] [quote=AllThingsD]Yahoo said today in a regulatory filing that it had hired one of Google’s top sales exec Henrique De Castro as its COO. Earlier today, I had reported that CEO Marissa Mayer had been close to nabbing the exec, who has been Google’s president of partner business solutions. De Castro is getting a pile of money for taking the job, including a $600,000 base salary and an annual bonus that could double that figure. In addition, it will give him $36 million in stock grants, including one-time retention equity award of $18 million and $18 million in the form of performance-based stock options. Yahoo’s regulatory statement on the De Castro hiring is embedded below (unless Yahoo’s persnickety legal head tries to block it). Said a Google spokesperson: “We’re grateful to Henrique for all of his contributions at Google and wish him all the best in his new role at Yahoo!” Both Mayer and also former Yahoo CEO Scott Thompson have made previous overtures to nab De Castro, who has held a number of high-level jobs across the globe, including at DoubleClick, in display and with major partners. While he had previously rebuffed those efforts, this time De Castro bit. There were signs this past week, after he canceled a major offsite for his employees, and several attendees who know him well said he was not present at the company’s first night of its annual Zeitgeist event for advertising and publishing clients. The suave De Castro is usually a more noticeable fixture at such gatherings. This is Mayer’s first big hire at Yahoo, having added only lower-level or less well-known execs to her stable of talent since she was appointed in July. The hiring does create an issue in the sales arena, especially with current head of revenue Michael Barrett. De Castro and Barrett worked together at Google and multiple sources said the pair did not get along. It might not matter. While Barrett has publicly said he planned to stay at Yahoo under Mayer — he was hired by interim CEO Ross Levinson this summer before she arrived — many sources said he does not want to be at the company for the long term. De Castro has a lot of work to do for the big payout he is getting. Sources said most of the advertising and media leadership at Yahoo have had little interaction with Mayer since she arrived this summer, as she has focused on engineering and cultural issues at Yahoo. The Portugal-born De Castro is a high-profile hire, as well as a colorful one. He speaks a menu of languages and is a worldwide traveler. Before Google, De Castro worked at Dell and also McKinsey. That would make him a perfect choice for Mayer, who is also a former Googler, since she has been considering purchasing a range of companies in the advertising tech space. The most likely candidate of late is PubMatic, which has been in talks with Yahoo about being acquired. The Silicon Valley company would be a solid add to Yahoo’s ad platform offerings, especially if it wants to stay competitive with Google. PubMatic helps publishers effectively manage their display ad inventory, and competes with Google’s AdMeld.[/quote]
Saw title thought Fidel anyways looks like its a nice job $600,000 salary and $36mil in stock. yahoo has lots of competition and they need some innovative people to help them.
You [I]motherfucker[/I].
[img]http://2.bp.blogspot.com/-JhFApaXK3qc/T5ioru8TipI/AAAAAAAACAU/WJ98BfM0Zrw/s1600/sad+castro.jpg[/img]
I don't know why but I thought it meant Fidel Castro before opening the thread :v: EDIT: Damnit ninjas
[QUOTE=Prez;38051020]I don't know why but I thought it meant Fidel Castro before opening the thread :v: EDIT: Damnit ninjas[/QUOTE] That's obviously what he wanted, lol. Why would anyone in SH give a shit otherwise.
Headline of the year every year.
[QUOTE=EzioAuditore;38051002][img]http://2.bp.blogspot.com/-JhFApaXK3qc/T5ioru8TipI/AAAAAAAACAU/WJ98BfM0Zrw/s1600/sad+castro.jpg[/img][/QUOTE] [img]http://imgkk.com/i/wjs6.jpg[/img]
[IMG]http://imgkk.com/i/2-_9.jpg[/IMG] That fucking gradient.
[QUOTE=EzioAuditore;38051002][IMG]http://2.bp.blogspot.com/-JhFApaXK3qc/T5ioru8TipI/AAAAAAAACAU/WJ98BfM0Zrw/s1600/sad+castro.jpg[/IMG][/QUOTE] "Yahoo!" Oh damn nevermind.
You and your titles Smurfy
I thought it meant the Castro that is the mayor of San Antonio.
Oh cool.
Well, if the chaps brings a fair amount of innovation to the Yahoo! table, and makes the service nice and secure, I'll certainly be happy.
[QUOTE=ironman17;38051641]Well, if the chaps brings a fair amount of innovation to the Yahoo! table, and makes the service nice and secure, I'll certainly be happy.[/QUOTE] no
[QUOTE=Lomme;38051392][IMG]http://imgkk.com/i/2-_9.jpg[/IMG] That fucking gradient.[/QUOTE] It's a really awkward gradient that looks more like backlighting through the backdrop instead of an actual printed gradient, as those are almost always more uniform. BACK ON TOPIC go communist yahoo?
[QUOTE=smurfy;38051095][img]http://imgkk.com/i/wjs6.jpg[/img][/QUOTE] Flip his frown upside down.
Wow, he's about have more money from just being [I]hired[/I] than most people make in a lifetime.
Your titles never fail to amuse me :v:
God dammit got me good, for a second their I was spitting soda when I thought Fidel Castro was part of Yahoo.
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