Yahoo‘s (NASDAQ:YHOO) is looking for another high ranking executive.
Just weeks after tapping former Google (NASDAQ:GOOG) Marissa Mayer for the CEO’s office, the struggling Internet pioneer is searching for a chief operating officer, sources told AllThingsD.
The decision to seek a COO may not have come from Mayer, who is reportedly reorganizing Yahoo’s management structure to reflect Google’s chain of command and operating style.
Still, headhunters are reaching out to Silicon Valley professionals to fill the COO position, as well as other executive level jobs at Yahoo. In the wake of Mayer’s hiring, some executives have departed the company as Mayer installs her own management staff.
Candidates contacted for the COO role say that Yahoo wants someone with experience in financial management and corporate restructuring.
A strong COO could free Mayer from directing the day-to-day operation of the company, allowing her to concentrate on strategic restructuring and developing new products.
Mayer has apparently been looking for new talent on her own, attempting to lure current and former Google employees to join her at Yahoo.
Shares of Yahoo slipped fractionally in early Friday trading.
Comments are currently unavailable. Please check back soon.