Yahoo CEO Marissa Meyer has hired Kathy Savitt as the chief marketing officer of Yahoo. Lockerz says COO Mark Stabingas is taking over the top job.Typically it wouldn’t be something I would care, but the fact that Savitt was the founder and CEO of Lockerz, which has raised $60 million from KP and Liberty Media made me wonder: what is really going on at Lockerz, a social media company based in Seattle. I mused about this on Twitter. I mean if things were going really really great who would the founder & CEO leave the company and go work for Yahoo, whose turnaround remains mission impossible. It isn’t as if she didn’t have her share of management positions at mega-organizations. This doesn’t past the smell test for me. Just saying!
2 thoughts on “Lockerz Founder is Yahoo CMO. But why?”
Comments are closed.
Lockerz is/was a scam site from day one…you would follow their rules and they wouldn’t pay out the rewards…I hope Lockerz shuts down sooner rather than later. That being said…I hope the best for yahoo..a company now lead by two females…that has to be some kind of first for a tech company the size of Yahoo.
Agreed. Glad to see Yahoo making efforts to do a makeover with MM who is finally getting a chance to prove her mettle. I do think it is mission impossible.