Yahoo CEO Announces She's Expecting Twin Girls
International Business Times
Published Sep 01, 2015 09:09AM ET
Updated Sep 01, 2015 10:45AM ET
Yahoo CEO Announces She's Expecting Twin Girls
By Aaron Morrison -
Marissa Mayer, the Yahoo (NASDAQ:YHOO) Inc. chief executive, will soon have two new reasons to take some time away from work. Mayer announced Tuesday that she is pregnant with identical twin girls and is due to give birth in December.
But that’s unlikely to slow her down much at work. Mayer, 40, said she is going to limit the amount of leave she takes following delivery, as she did with her first child.
"Since this is a unique time in Yahoo's transformation, I plan to approach the pregnancy and delivery as I did with my son three years ago, taking limited time away and working throughout," Mayer wrote on Yahoo’s corporate blog Tuesday. “I’ve shared the news and my plans with Yahoo’s board of directors and my executive team, and they are incredibly supportive and happy for me.”
Mayer's pregnancy announcement comes as Yahoo prepares to spin off its stake in Alibaba (NYSE:BABA) Group Holding Ltd, the Chinese e-commerce giant, and considers what to do with its holdings in Yahoo Japan Corp., according to a Reuters report. The announcement also is likely to renew a debate about leave for new parents and the status of women in the workplace.
Yahoo Inc . (YHOO) | FindTheCompany
Yahoo said in its corporate blog Tuesday that it was "extremely happy" for Mayer and supports her approach to taking maternity leave.
Mayer was pregnant when she joined Yahoo as CEO in 2012 and gave birth to a boy in September of that year, Reuters reported. She worked from home after the birth and was back in office after being away for two weeks.
In an effort to boost employee morale at the nearly 20-year-old Internet company, Mayer increased the amount of paid leave offered to new parents in 2013. The policy change allowed new mothers to take up to 16 weeks of paid time off and fathers eight. However, a ban on employees working from home in the same year angered many. Critics said the policy would actually make life more difficult for working parents.
Get The News You Want
Written By: International Business Times
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.