Yahoo Should Fire CEO Marissa Mayer, Investor Says

By | December 14, 2015

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Yahoo’s (YHOO) plan to spin off of its core Internet business while retaining its 15% stake in China giant Alibaba Group (BABA) is drawing fire from shareholders including New York hedge fund SpringOwl Asset Management, which said that it wants to replace Yahoo CEO Marissa Mayer, according to a report in the Wall Street Journal. “I disagree with this notion that Yahoo can’t be fixed,” said Eric Jackson, managing director of SpringOwl, which has Scalper1 News

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