Kathy Savitt, previously the founder and chief executive of Lockerz, an ecommerce company backed by US-based media company Liberty Media, has joined on-line company Yahoo! as chief marketing officer.
Savitt will report directly to Yahoo! chief executive Marissa Mayer. Mark Stabingas, previously Lockerz’s chief operating officer, has taken over Savitt’s role.
Savitt said: “Yahoo! is at an important and unique inflection point in its storied history,” said “I believe passionately in Yahoo!’s ability to inspire and delight users, partners and advertisers around the world and am excited to join Marissa in defining Yahoo!’s next chapter.”
Marissa Mayer, chief executive of Yahoo!, said: “We are very excited to welcome Kathy to Yahoo!. Her extensive experience in building and refining well-loved consumer brands like Amazon, American Eagle Outfitters and Lockerz will be incredibly valuable as we define Yahoo!’s future.”
Lockerz has more than 45 million unique users.