Marissa Mayer is happily pregnant with twin girls. Some in the investment world speculated that would prevent her being ousted. After all, this is the era of leaning-in. Who in the world would dare to mess with a female chief executive officer (CEO) who is with child? Also, a bit of gentility is still expected.
Those doing the speculating seem to be way off. The answer turns out to be that plenty of hard-nosed investor, in addition to media, have accelerated the campaign to get her out. It could just be that this female CEO who earns more than any other female CEO ($42.1 million) will get coal in her stocking this Christmas.
Media coverage of her failure to turn around Yahoo has become a kind of Greek Chorus. Typical is the chanting of Mike Myatt in Forbes.
Essentially, the new meme has hardened into this: The Yahoo board was so wrong for hiring her in the first place. It continues to be wrong in dragging its feet in having her exit. Should they not move fast enough investors could put coal in their stockings too. Most or all of them could be gonzo.
Maybe Myatt is on the money when he observed that some talented professionals just aren't cut out for leadership. Mayer wasn't at Google. And, it's playing out she hasn't been at Yahoo.