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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Marissa Mayer is the new CEO of Yahoo

By
Patricia Sellers
Patricia Sellers
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By
Patricia Sellers
Patricia Sellers
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July 16, 2012, 8:29 PM ET
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Google vice president Marissa Mayer is the new CEO of Yahoo .


Credit: Asa Mathat

More on her appointment–a big surprise–later. She just called me and said, “It’s true.”

Employee No. 20 at Google, Mayer, 37, rose through the ranks to oversee local and location services. She says she is starting at Yahoo tomorrow. “There’s a lot to do,” she says.

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By Patricia Sellers
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