Jacqueline Reses Joins Yahoo! as Executive Vice President, People and Development

Yahoo! Inc. (NASDAQ: YHOO) announced that Jacqueline Reses has been appointed executive vice president of people and development, responsible for leading human resources and talent acquisition as well as corporate and business development globally. Reses will join the company on Sept. 7 and will report directly to Yahoo! CEO Marissa Mayer.

"We are very excited to have Jackie join the Yahoo! team, leading our efforts around finding and retaining the best talent," said Marissa Mayer, CEO of Yahoo!. "Jackie brings two decades of uniquely applicable operational experience around structuring organizations, programs, and strategies to build world-class teams in media and technology. Her tremendous energy will serve our employees well, and we're looking forward to her fresh perspectives."

"I'm thrilled to be joining the Yahoo! family," said Reses. "As Yahoo! looks to develop and define its future, hiring, managing and incentivizing talent will be of key importance. Building on my background, we will also do a rigorous assessment of corporate development and partnership opportunities."

Reses led the U.S. media group at Apax Partners, where she built a team of investment professionals focused on investing and driving value in media and technology businesses. In addition, Reses worked extensively on Apax's talent initiatives, including recruiting and training. While at Apax Partners, Reses served on the board of directors or led the investments in Cengage Learning, Intelsat, Nelson Education, Hit Entertainment, and NEP Broadcasting. Reses also served as CEO of iBuilding Inc., a real estate software business that was launched by Tishman Speyer and Benchmark Capital. Previously, she spent seven years at Goldman Sachs, where in addition to working on several keystone corporate transactions, she also supported the firm's mentoring, training and recruiting efforts. Reses has served on several non-profit boards, was named one of Crain's New York Business' "Most Influential Women," and was one of Dealmaker magazine's "Dealmakers of the Year."

About Yahoo!

Yahoo! is focused on creating deeply personal digital experiences that keep more than half a billion people connected to what matters most to them, across devices and around the globe. Yahoo!'s unique combination of Science + Art + Scale connects advertisers to the consumers who build their businesses. Yahoo! is headquartered in Sunnyvale, California. For more information, visit the pressroom (pressroom.yahoo.net) or the company's blog, Yodel Anecdotal (yodel.yahoo.com).