Yahoo CEO Mayer Dismisses Operating Chief De Castro
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Yahoo! Inc. Chief Executive Officer Marissa Mayer dismissed Chief Operating Officer Henrique de Castro after 14 months, amid disappointment with his efforts to boost growth, according to people with knowledge of the matter.
In a memo to employees, Mayer said she made the decision that de Castro should leave, according to a person who saw the note and asked not to be identified because it wasn’t made public. There had been friction between the two executives for at least six months, another person said.