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January 29, 2014 03:57 am GMT

Marissa Mayer On Yahoos Fired COO: De Castro Not A Fit, No Plans To Replace Him

henrique de castroYahoo CEO Marissa Mayer offered some brief comments about the departure of COO Henrique De Castro during today's earnings webcast.The company announced earlier this month that De Castro, who joined Yahoo from Google in 2012, was leaving. The move that was widely seen as a firing resulting from De Castro's difficulties turning around the ad business. (In today's earnings report, Yahoo said sales and display advertising declined 6 percent year-over-year.)

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