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Ex-eBay CEO Maynard Webb joins Yahoo as New Chairman

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An American multinational internet corporation headquartered in Sunnyvale, California, Yahoo! Inc. has appointed Ex-eBay CEO Maynard Webb as Chairman replacing Fred Amoroso.
Webb, who has served as interim Chairman since April and is a former eBay chief operating officer has been a director at Yahoo since February 2012.
Yahoo, once one of the Web’s most successful companies, has seen its revenue stall in recent years as consumers and advertisers favour rivals such as Google and Facebook.
Chief executive Marissa Mayer, a former Google executive, is about a year into a plan to try to bring viewers and users—and the revenue growth they represent—back to Yahoo.
Maynard Webb’s leadership and guidance had been an invaluable part of their board since he joined it in 2012,” Yahoo said in a statement on Friday. They were honored that Maynard would continue to serve as chairman of the board.
Webb was a longtime Silicon Valley executive. He was also CEO of LiveOps, a provider of cloud contact centre services, from 2006 to 2011.
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