ADVERTISEMENT

Yahoo CEO Marissa Mayer says she's expecting twin girls

Media reports that Mayer paid to have a nursery built next to her office further fanned the controversy.

Yahoo CEO Marissa Mayer says expecting twin girls

Yahoo Inc Chief Executive Marissa Mayer announced she is pregnant with identical twin girls, likely due in December.

Not that it's going to slow her down much.

"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 in a blog post on Tuesday.

Mayer's pregnancy comes at a critical time for Yahoo, which is preparing to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd and considers the future of its holding in Yahoo Japan Corp.

ADVERTISEMENT

Yahoo shares were down 2.4 percent at $31.48 in premarket trading, in line with stock index futures.

Mayer, 40, was pregnant when she joined Yahoo as CEO in July 2012 and she gave birth to a baby boy in September that year.

She worked from home after the birth and came back to the office just two weeks later. (http://reut.rs/1PI2jjh)

Her approach to motherhood stoked a debate about whether her example would help or hurt the cause of women in the workplace.

Yahoo said in its corporate blog on Tuesday that it was "extremely happy" for Mayer and supported her plans and approach. (http://bit.ly/1PI0liP)

ADVERTISEMENT

Mayer, who has been married to start-up investor Zachary Bogue since 2009, was an executive at Google Inc before taking the helm at Yahoo in 2012.

Since then she has sought to boost morale at the nearly two-decade-old Internet company, including by increasing the amount of paid leave offered to new parents, bringing Yahoo closer to the policies of some of its Silicon Valley peers.

The changes in 2013 allow new mothers to take up to 16 weeks of paid leave and fathers eight. Previously, mothers could take eight weeks, while no paid leave was offered to fathers.

However, Mayer's ban on employees working from home in the same year sparked nationwide outrage, with critics saying the policy would make life difficult for working parents.

Mayer has a net worth of about $380 million, according to Forbes. Her pay package jumped 69 percent to $42 million in 2014, mostly due to gains in Yahoo's stock price despite concerns about the health of its business.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

33 states at high risk of flooding problems between July and September

33 states at high risk of flooding problems between July and September

71-year-old Putin extends reign as Russian president to 2030, sworn in for 5th term

71-year-old Putin extends reign as Russian president to 2030, sworn in for 5th term

Sanwo-Olu wants Lagosians to be friendly to corps members

Sanwo-Olu wants Lagosians to be friendly to corps members

Governor Adeleke vows to invest in Ile-Ife and restore its lost glory

Governor Adeleke vows to invest in Ile-Ife and restore its lost glory

Tech industry gets green push as NGO unveils eco-friendly initiative

Tech industry gets green push as NGO unveils eco-friendly initiative

Senate creates committee to investigate Abuja Centenary City project delay

Senate creates committee to investigate Abuja Centenary City project delay

NNPC assures over 30-day fuel supply, urges motorists against panic buying

NNPC assures over 30-day fuel supply, urges motorists against panic buying

Presidency gives fresh update on Tinubu's return date from foreign trip

Presidency gives fresh update on Tinubu's return date from foreign trip

Adeleke laments poor infrastructure, promises to revive Ile-Ife's legacy

Adeleke laments poor infrastructure, promises to revive Ile-Ife's legacy

Pulse Sports

Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen

Chelsea set to offer Romelu Lukaku and cash for Super Eagles star Victor Osimhen

Mikel Obi: Super Eagles legend goes viral speaking Hausa

Mikel Obi: Super Eagles legend goes viral speaking Hausa

Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France

Anthony Joshua: Nigerian-born boxer teams up with Mariah Carey, Naomi Campbell and Cuppy in France

ADVERTISEMENT
ADVERTISEMENT