Yahoo CEO Marissa Mayer Gives Birth to Twins

WSJ

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Marissa Mayer, Chief Executive Officer of Yahoo, tweeted that she gave birth to twins on Thursday.PHOTO:EUROPEAN PRESSPHOTO AGENCY

(Wall Street Journal) Yahoo Chief ExecutiveMarissa Mayergave birth to identical twin girls early Thursday morning, according to herTwitteraccount.

Ms. Mayer tweeted midday Thursday that she, the twins and her husband Zack Bogue were “doing great.” A company spokeswoman confirmed the birth, and said the entire Mayer-Bogue family are “beyond thrilled.”

On her blog, Ms. Mayer thanked followers for “support and well wishes throughout my pregnancy.”

In September, Ms. Mayer said via her blog that she planned to take limited time away and work throughout her pregnancy, similar to the approach she took when her son was born three years ago.

Within a year of delivering her son, Ms. Mayerextended Yahoo’s parental-leave policy to 16 weeks of paid leavefor mothers and eight weeks for fathers. In addition, Yahoo gives new parents $500 to spend on expenses such as laundry, housecleaning, food or child care.

Yahoo’s board spent last week in likely tense board meetings to decide the future of Yahoo, a pioneer of the Web that has failed to reinvent itself in the smartphone age.

The meetings culminated in the decisionto spin off its Internet businessinto a holding company and shelve its yearlong plan to spin off its stake inAlibaba Group HoldingLtd.Yahoo faced pressure from investors who feared tax regulators could challenge the Alibaba spinoff and hit the company with a multibillion-dollar bill.

Yahoo executives said Wednesday the Internet business isn’t for sale, though they said they will consider offers for it.

Ms. Mayer is the second notable tech CEO to have a child recently.Earlier this month,FacebookInc.CEOMark Zuckerbergand his wife Priscilla Chan announced the birth of their daughter, Max.

Mr. Zuckerberg had said hewould take two months of paid paternity leaveafter his daughter’s birth, amid debates in Silicon Valley and elsewhere about work-life balance and gender norms.