There are also signs Mayer's continued focus to improve Yahoo!'s core properties is working. Yahoo! surpassed Google (GOOG) in Web traffic for the month of July, as 87.2% of the 225 million U.S. Internet users visited a Yahoo! site.
Equity markets have responded to Mayer's efforts to turn the company around. Shares are near their 52-week high, having gained 36.2% year-to-date.
-- Written by Chris Ciaccia in New York>Contact by Email. Follow @Chris_Ciaccia