"The web portal [Yahoo] reported that revenue minus traffic acquisition costs for the second quarter fell 3 percent from last year - well below analysts' already dampened expectations for a gain of 8 percent." - Kaja Whitehouse, "New York Post, July 15, 2014. Here you can read the coverage.
Marissa Mayer heads Yahoo. One wonders if she was picked for leadership as a Celebrity Chief Executive Officer. Or was she assessed as the professional with the overall background to turn around the distressed company.
If she landed the job because of her ability to create and grow a high profile, that might have been a big mistake Yahoo made. Celebrity CEOs have to keep feeding that positioning. That could distract from being a visionary and the one to oversee operations.
The effective Celebrity CEOs are the leaders who capture attention because of what they accomplish on a sustained basis. They are the Warren Buffetts and Mark Zuckerbergs.
The betting world might be putting Mayers on short time. She has been in the job long enough to have made more progress than she has. Of course, she could migrate away from what seems to be Job-one - being a Celebrity CEO - and focus on Yahoo. Not Mayers.