Yahoo Communications Chief Leaves in Advance of Verizon Takeover

Yahoo Communications Chief Leaves in Advance of Verizon Takeover
Advertisement
Anne Espiritu, Yahoo Inc.'s vice president of global public relations and communications, is leaving after four years at the company that's now selling its core assets to Verizon Communications.

Espiritu was the first person hired from Google after Marissa Mayer left the search giant to take the job as Yahoo's chief executive officer in 2012. Espiritu and Mayer had been discussing for some time when Espiritu might leave Yahoo, according to a person familiar with the matter.

"We are incredibly grateful for her hard work, dedication and unwavering support over the past four years," Yahoo said in a statement. "We wish her luck in her next adventure."

Sheila Tran is being promoted to become Yahoo's head of global public relations, according to the person, who asked not to be identified because the appointment hasn't been made public.

Espiritu's departure follows Verizon's announcement July 25 that it will acquire Yahoo's Internet assets for $4.8 billion, bringing the web portal together with longtime rival AOL. The telecommunications company will add Yahoo web services that still draw 1 billion monthly users, including mail, news and sports content and financial tools.

Espiritu was a key figure in helping shape and manage the communications at Yahoo during Mayer's tenure as CEO, which included heightened criticism on Wall Street and in the press as sales growth sputtered over time amid market share losses.

© 2016 Bloomberg L.P.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Internet, Marissa Mayer, Verizon, Yahoo
Here's How to Check if You Can Play the FIFA 17 Closed Beta
After Kickass Torrents, Torrentz.eu Shuts Down
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »