Yahoo Fills Chief Revenue Role After Strongest Sales Growth In Nine Years

By Jennifer BootonMarketWatch Pulse

One day after Yahoo Inc. reported a 15% increase in quarterly revenue - its best sales improvement in nearly nine years - the company said it has promoted Lisa Utzschneider to chief revenue officer. Utzschneider joined Yahoo last year as senior vice president of sales for the Americas region, Yahoo's largest geographic market. Yahoo said she has been "pivotal is structuring the sales teams" across the Americas for growth. Prior to Yahoo, she served for 15 years in leading sales, strategy, and revenue roles within the digital advertising space, including running ad sales for a range of Inc. websites. Yahoo reported GAAP revenue of $992.2 million in the Americas last quarter, up more than 23% year-over-year. Its shares were up 0.3% in premarket trade, putting them on track to open around $39.37.

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