What seems to be
another move by Yahoo to handle the tough competition provide by Gogle inc in
the Tech Industry the Tech giants have recruited the new Chief executive
officer from Google. The company under real pressure on surviving the tough web
competition will paying their new COO the base salary of $600,000 in addition
to one-time retention equity awards totaling $36 million.
Google Inc. exec
Henrique de Castro will be joining Yahoo CEO Marissa Mayer as the new
Chief Operations officer. “His operational
experience in Internet advertising and his proven
success in structuring and scaling global organizations make him the perfect
fit,” Mayer said
De Castro is
currently the VP of Google’s worldwide partner’s business solutions group where
he oversees advertising services for the Google’s publisher and commerce
partners.
TECH360
Correspondent